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    Inflation erased U.S. income gains last year

    (www.wsj.com)
    177 points JumpCrisscross | 11 comments | 09 Sep 25 19:44 UTC | HN request time: 0.038s | source | bottom
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    pavlov ◴[09 Sep 25 21:41 UTC] No.45189623[source]▶
    This year both inflation and unemployment are going up, so it’s only getting worse.
    replies(3): >>45189812 #>>45190675 #>>45191395 #
    1. deepsun ◴[09 Sep 25 21:55 UTC] No.45189812[source]▶
    And debt is going up as well.
    replies(2): >>45189853 #>>45190029 #
    2. estearum ◴[09 Sep 25 21:58 UTC] No.45189853[source]▶
    On the plus side so is energy costs
    replies(5): >>45190310 #>>45190326 #>>45190370 #>>45191084 #>>45191965 #
    3. nickthegreek ◴[09 Sep 25 22:11 UTC] No.45190029[source]▶
    i got bad news about health insurance costs…
    replies(1): >>45190703 #
    4. themafia ◴[09 Sep 25 22:35 UTC] No.45190310[source]▶
    Which would all be fine if wages were being adjusted at the same rate inflation is. The American worker class and the ownership class drift further and further apart.
    5. msandford ◴[09 Sep 25 22:36 UTC] No.45190326[source]▶
    I can't wrap my head around anyone being happy about this who isn't extremely rich. Would love to understand.
    replies(2): >>45190763 #>>45190977 #
    6. throwawaymaths ◴[09 Sep 25 22:39 UTC] No.45190370[source]▶
    opec just announced production hikes
    7. esseph ◴[09 Sep 25 23:07 UTC] No.45190703[source]▶
    I'm hearing higher than 25%+ all-in...
    8. ◴[09 Sep 25 23:12 UTC] No.45190763{3}[source]▶
    9. teachrdan ◴[09 Sep 25 23:31 UTC] No.45190977{3}[source]▶
    I believe that comment was meant to be sarcastic.
    10. tzs ◴[09 Sep 25 23:43 UTC] No.45191084[source]▶
    At least /r/leopardsatemyface has plenty of material.
    11. taneq ◴[10 Sep 25 01:29 UTC] No.45191965[source]▶
    At this stage you might be concerned that everyone's just having too much of a good time, but rest assured, they aren't.