Building Back Better With Biden

“February 2022 is the eleventh consecutive month of over-the-year decreases in real average hourly earnings; the last increase was 1.7 percent in March 2021.”

Real average hourly earnings decreased 2.6 percent from February 2021 to February 2022 : The Economics Daily: U.S. Bureau of Labor Statistics

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1 Response to Building Back Better With Biden

  1. Frank says:

    So today the big news was the “easing” of the inflation curve.

    Basically by a tenth of a percent. But prices are still increasing by the same amount, the built in higher price reduces the inflation rate.

    If something costs a dollar, and inflation inflation was 10%. That thing costs $1.10.
    The next year it goes up another 10cents, the inflation rate is 9.09%.

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