More and more Americans turning to second even third jobs

[PhilFish]

I think you’re lying again. Check this out…

“Summary: We estimate that increases in wage earnings in 2021 offset the higher cost of living due to inflation for most households with incomes between $20,000 and $100,000. Higher-income households saw their earnings rise by more than their cost of living, while the lowest-income households (below $20,000) saw their earnings rise by only one third of their increase in cost of living.

Did Wages Keep Up With Inflation in 2021? — Penn Wharton Budget Model

We estimate that increases in wage earnings in 2021 offset the higher cost of living due to inflation for most households with incomes between $20,000 and $100,000. Higher-income households saw their earnings rise by more than their cost of living, while the lowest-income households (below $20,000)

budgetmodel.wharton.upenn.edu

From Wharton. Do you surrender?

Offset. Not earnings. From your article....


Did Earnings Keep Up?
Increases in wage income offset the higher cost of living for most working households with incomes between $20,000 and $100,000, as shown in Figure 4. However, these households saw essentially no annual wage gains in real (inflation-adjusted) terms. Working households with incomes below $20,000 – who faced the highest inflation rate of any group (Figure 3) – saw their wage income rise by only about one third of the increase in their cost of living. Unless these households supplemented their earnings from employment with increases in other forms of income (such as transfers), they experienced a decline in purchasing power in 2021. Only households with incomes of $100,000 or more saw their annual wage income rise by significantly more th

 

[PhilFish]

That, of course, excludes VAST SWATHS of commerce items (by design). Ever the leftybot propagandist hack. How awful for you.

Play on words ..



Did Earnings Keep Up?
Increases in wage income offset the higher cost of living for most working households with incomes between $20,000 and $100,000, as shown in Figure 4. However, these households saw essentially no annual wage gains in real (inflation-adjusted) terms. Working households with incomes below $20,000 – who faced the highest inflation rate of any group (Figure 3) – saw their wage income rise by only about one third of the increase in their cost of living. Unless these households supplemented their earnings from employment with increases in other forms of income (such as transfers), they experienced a decline in purchasing power in 2021. Only households with incomes of $100,000 or more saw their annual wage income rise by significantly more th

 

[RickWA]

Play on words ..



Did Earnings Keep Up?
Increases in wage income offset the higher cost of living for most working households with incomes between $20,000 and $100,000, as shown in Figure 4. However, these households saw essentially no annual wage gains in real (inflation-adjusted) terms. Working households with incomes below $20,000 – who faced the highest inflation rate of any group (Figure 3) – saw their wage income rise by only about one third of the increase in their cost of living. Unless these households supplemented their earnings from employment with increases in other forms of income (such as transfers), they experienced a decline in purchasing power in 2021. Only households with incomes of $100,000 or more saw their annual wage income rise by significantly more th

These guys are all filthy liars. Pure douchery all the time. From me…there needs to be more ignoring, less responding.

 

[Bugsy McGurk]

That, of course, excludes VAST SWATHS of commerce items (by design). Ever the leftybot propagandist hack. How awful for you.

I graciously accept your (winger style) surrender.

 

[Bugsy McGurk]

These guys are all filthy liars. Pure douchery all the time. From me…there needs to be more ignoring, less responding.

Dittoing is no substitute for trying to vindicate your position. Looks like you gave up on the latter.

 

[RickWA]

I graciously accept your (winger style) surrender.

No…but you do embrace, amplify, and rollick in your leftist lies. Like a pig in “Bugsy”.

 

[Bugsy McGurk]

No…but you do embrace, amplify, and rollick in your leftist lies. Like a pig in “Bugsy”.

And still, you can’t even try to fight back. Your lie was refuted, and you can’t even pretend to the contrary. Nor can you do the dignified thing and concede.

Quite pathetic.

 

[RickWA]

And still, you can’t even try to fight back. Your lie was refuted, and you can’t even pretend to the contrary. Nor can you do the dignified thing and concede.

Quite pathetic.

Nope. Inflation is profoundly outpacing all income gains…roughly a $4k per year loss. Further, now everyone’s investments are hemorrhaging as well.

“Masterful” wrecking ball work.

 

[PhilFish]

Nope. Inflation is profoundly outpacing all income gains…roughly a $4k per year loss. Further, now everyone’s investments are hemorrhaging as well.

“Masterful” wrecking ball work.

He was already given a reference...he's simply fuckin with you

 

[Tom Facts]

Weird, why everyone complaining about capitalism?

 

[PhilFish]

Weird, why everyone complaining about capitalism?

Not me.

 

[RickWA]

He was already given a reference...he's simply fuckin with you

As always. Trolling. Sucks to be that empty, I guess.

 

[PhilFish]

As always. Trolling. Sucks to be that empty, I guess.

Everybody needs a hobby. Gotta be charitable to a point...

 

[Tom Facts]

Not me.

Raising minimum wage would be socialism. People working multiple jobs are working low skilled jobs like those at an Amazon warehouse. Should pick themselves up by the bootstrap and get a real job. Or a real college degree that doesn’t require financial help from the government.

 

[PhilFish]

We should always help those in need. But indolence is difficult to reward

 

[middleview]

Nope. Inflation is profoundly outpacing all income gains…roughly a $4k per year loss. Further, now everyone’s investments are hemorrhaging as well.

“Masterful” wrecking ball work.

Viscous cycle. Companies have a hard time hiring. They raise starting pay. To cover the cost they raise prices....employees want raises because of higher prices. The Federal reserve raises interest rates to slow inflation. Unemployment rate drops, Investors think that means higher wages and prices and get out of the market to avoid loses if the FED raises rates again and there is a drop in the DOW..causing a drop in the DOW.

You blame Biden. Why? Cuz that is what you do.

 

[PhilFish]

Viscous cycle. Companies have a hard time hiring. They raise starting pay. To cover the cost they raise prices....employees want raises because of higher prices. The Federal reserve raises interest rates to slow inflation. Unemployment rate drops, Investors think that means higher wages and prices and get out of the market to avoid loses if the FED raises rates again and there is a drop in the DOW..causing a drop in the DOW.

You blame Biden. Why? Cuz that is what you do.

And? A refreshing break from blaming everything on trump. Oh yeah....who is president presently...? That's what you do. Right?

 

[ObamacareForever]

We should always help those in need. But indolence is difficult to reward

Who's indolent? All you got is a link is to people working 2 and 3 jobs? Seems like the exact opposite of indolence.

 

[middleview]

And? A refreshing break from blaming everything on trump. Oh yeah....who is president presently...? That's what you do. Right?

I blame Trump when it is deserved. I didn't blame him for Covid. I blamed him for minimizing the danger. I blamed him for the Afghanistan mess because he signed a surrender with the Taliban without any consideration for the Kabul government or the Afghan military...which he left high and dry. By the time Biden took office he had lost any support from our allies or from the Afghan army.

What do you think I blamed Trump for that wasn't deserved?

 

[PhilFish]

Who's indolent? All you got is a link is to people working 2 and 3 jobs? Seems like the exact opposite of indolence.

Who? People that want their loans forgiven because they chose shit degrees.