For the first time since 2023, inflation has outpaced wage growth. How do you like him now, MAGAts?!?!
As Trump’s stupid, deadly, and costly war with Iran rages on, inflation rates rose to 3.8% in April, their highest level in nearly three years and has now outpaced wages for the first time since 2023.
The pace of wage gains has been slowing over the past two years. In November, wage growth continued to rise at a pace of almost 4%. April’s jobs report, which was released on Friday, showed that wage growth had slowed to 3.6%.
Core inflation, which excludes food and energy costs also rose 0.4% from the month prior, the Bureau of Labor Statistics said. That rise was higher than what had been expected by economists.
As of Tuesday morning, the price of oil had risen more than 70% since the start of the year and the average price of a gallon of gas was $4.50.
“Affordability is a con job,” something the demented, incompetent, ignorant racist said several months ago. The Midterm elections may prove to him, and the ignorant racists who still support him, that affordability isn’t a conjob; it’s very real. Trumpstein is the conjob and he conned a ton of morons into voting for him.
Keep mocking affordability, asswipe. The Midterms are less than six months away.
While the world burns, what does Demented Don do? SHITPOST on his shithole, ‘Truth’ Social:
