As best as I can tell, real wages did begin to grow in excess under Biden—by a little bit, towards the end of his term in office.
https://www.statista.com/chart/amp/27610/inflation-and-wage-growth-in-the-united-states/
Is that wage growth sufficient to compensate workers for all the trillions of dollars that were transferred from poor to rich during that period of inflation? Of course not—but that’s largely beside the point.
Which is: wealth and poverty are a social relationship of command, not just a measure of how much “stuff” a person has. And being subject to that relationship of command can be debilitating in ways that can’t be measured in simple wages and price indices.
4/
HeavenlyPossum
npub1s0…rzz9t
2025-12-12 19:15:28 UTC
in reply to nevent1q…anad
Author Public Key
npub1s029r5gtznh06wkxnae2yud5rps7c2ny9re68xakczxfh9w3pfysfrzz9tSeen on
wss://relay.momostr.pinkPublished at
2025-12-12 19:15:28 UTCEvent JSON
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