wages

Since Nixon ended the gold standard in 1971, everything from houses to gas surged 8–22 times while wages rose only 6 times, yet millennials get blamed for avocado toast

1971. The year Nixon took the dollar off gold. House: $25,200. Now: $410,000. Car: $3,560. Now: $48,000. Harvard: $2,600/yr. Now: $57,000/yr. Gas: $0.36/gal. Now: $2.88/gal. Average income went from $10,000 to $60,000. Everything got 8–22x more expensive. Wages only went 6x. But sure, it’s the avocado toast. @grok so nixon did a big mistake??? That …

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Meat processors allegedly colluded using a secretive data company, ground beef up 400 percent, wages frozen

🚨NEWS: America's biggest meat processors have allegedly used a secretive data company to collude to hike food prices & suppress wages, according to lawsuit documents reviewed by The Lever. Ground beef prices have increased by over 400% as meat-industry wages have stagnated. pic.twitter.com/rlfJSL6GJP — David Sirota (@davidsirota) December 11, 2025 According to private and federal …

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Millennials are “pro-socialist” because they think our current system is capitalism, e.g. the Fed inflates away workers’ wages to redistribute wealth to asset owners.

Millennials are "pro-socialist" because they think our current system is capitalism, e.g. the Fed inflates away workers' wages to redistribute wealth to asset owners. pic.twitter.com/FNFeJmgXuf — Anthony Galli (@AnthonyGalli) December 3, 2025

Wages now outpace inflation for 29 straight months.

After a record 25 consecutive months of negative real wage growth, wages have now outpaced reported inflation on a YoY basis for 29 straight months. This is a great sign for the American worker that hopefully continues. Video: https://t.co/rAbmeeqgFh pic.twitter.com/Ir5Cz7o6a1 — Charlie Bilello (@charliebilello) November 28, 2025 Factcheck: Yes. From July 2024 to July 2025, …

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Illegal workers are being used to drive down wages while taxpayers are forced to subsidize the very system pushing them out of their own jobs

Well no, they're foreign illegals taking American jobs to artificially lower wages. If they came here legally, they wouldn't have a problem. They also use state subsidies paid for by the very citizens they take jobs from. Any questions? https://t.co/3PxlMHuWEn — Darth Powell (@VladTheInflator) November 10, 2025 The CBO has reported that unauthorized immigrants contribute …

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Car loan delinquencies +51%, housing costs +118%, college tuition +300%, wages +65% — middle-class budgets are bleeding

Credit scores are collapsing faster than at any time since the Great Recession, and the warning lights are flashing across every corner of the economy. Millions are now falling behind on car loans, credit cards, and personal loans, revealing how fragile the so-called recovery really is. “Credit scores are falling at the fastest pace since …

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Household savings collapsed from a 32% pandemic peak to near 3%, leaving consumption far more exposed to wages and credit.

Household savings collapsed from a 32% pandemic peak to near 3%, leaving consumption far more exposed to wages and credit. byu/MonetaryCommentary inEconomyCharts The U.S. personal saving rate hovered around 7% during the 2010-2020 period, as households maintained a steady buffer of disposable income. But the sudden shock of Covid‑19 and accompanying shutdowns sent the rate …

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Rents have surged 139 percent since 2000 while wages rose 112 percent, leaving millions unable to afford housing

Rent vs Wage Growth Data: “Since 2000, housing costs have been rising faster than median household income. Inflation-adjusted rents have grown steadily, to more than 20 percent above their 2000 level. Inflation-adjusted prices for single-family homes have grown even faster… In contrast, inflation-adjusted median household income barely rose over the whole time period.” Source: https://home.treasury.gov/news/featured-stories/rent-house-prices-and-demographics …

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Not only are the debt ceiling fight and tariff war deflationary but AI is also destroying millions of jobs wiping out wages and dragging down growth

Something deeper is happening beneath the noise of the stock market highs and soft landing headlines. The economy is shifting. Not in the way central bankers talk about and not in the way financial media likes to report. This is structural. Slow. Brutal. And completely mispriced. Three deflationary forces are colliding all at once. Any …

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Japan wages crash -2.1% YoY. Worst real wage drop in two years. BOJ faces deflationary disaster, hikes off the table

Japan wage shock: Real wages plunge to -2.1% YoY, the worst in two years, and a deflationary disaster for the BOJ which puts a final nail in any hiking plans. If anything, BOJ should restart NIRP and boost QE (but it can't with Bessent watching its every move). pic.twitter.com/kAV3BNcQgR — zerohedge (@zerohedge) May 9, 2025

Rising corporate profits and falling wages signal an inevitable economic crisis is near

Corporate profits as a share of national income have increased to 15.7%, an all-time high. Compensation of employees as a share of national income is 62.1%, near an all-time low. Why has a larger share of national income accrued to corporate profits? pic.twitter.com/BdUhxNne6H — Eric Basmajian (@EPBResearch) March 13, 2025 Corporate profits reaching a record …

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10,000 U.S. hotel workers strike for better wages as Labor Day draws near…. AT&T is on strike as well

Around 10,000 U.S. hotel workers have indeed gone on strike in multiple cities, including San Francisco, San Diego, Honolulu, Boston, Seattle, and Greenwich. The strike began after contract talks with major hotel operators like Marriott, Hilton, and Hyatt stalled. The Unite Here union is demanding better wages and working conditions, citing increased travel and staffing …

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Voters are furious as wages fall, inflation rises, and debt grows, forcing multiple jobs.

Voters are “Angry” about the economy as wages fall behind, inflation re-accelerates, and debt and multiple jobs are the only way to make ends meet. Washington has given up trying to fix it, doubling down on inflationary spending, mandates, and welfare. Praying media can… pic.twitter.com/m9ZXx5AnWX — Peter St Onge, Ph.D. (@profstonge) June 26, 2024 Every …

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UNEXPECTEDLY: Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders.

Food-delivery apps have responded to cities’ new wage-increase requirements for gig workers by ratcheting up fees. Now, they are contending with frustrated consumers, plunging restaurant orders and an exodus of delivery drivers. Lawmakers in New York City, one of the cities where pay increases for delivery drivers recently were adopted, say that their changes have …

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Rents surged 30.4% while wages only rose 20.2%, squeezing renters’ budgets nationwide.

Rents have been rising faster than wages across the United States. Between 2019 and 2023, nationwide rents increased by 30.4%, while wages during the same period rose by 20.2%. This trend has particularly affected large cities like Atlanta, Charlotte, Miami, Phoenix, and Tampa, where the gap between wage growth and rent increases was widest. The median U.S. rent reached …

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Fast food prices soar 31% under Biden, outpacing wages and deepening cost-of-living crisis; 1 In 7 American kids live in poverty

Fast food prices have skyrocketed under the Biden administration, outpacing grocery bills and gas prices, according to Axios. Since before the pandemic, prices have surged by 31%, while average hourly earnings have only climbed 25%. It’s the cost of living crisis, plain and simple. Biden, the Democrats, and the media seem oblivious to the fact …

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Measured In Gold, The Story Of America’s Declining Wages Is An Ugly One

“Workers’ wages buy less and less. In fact, workers have lost purchasing power during the past half-century. Comparing prices to wages, the Consumer Price Index (CPI) rose more than six times from 1965 to 2011—while the minimum wage rose less than five times. Professionals also suffered. According to the Engineering Workforce Commission, a senior engineer’s …

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“Expert” has lost its meaning…

CNBC expert: “illegal immigration is great for the US”, it “helps fight inflation” by lowering everyone’s wages CNBC expert: "illegal immigration is great for the US", it "helps fight inflation" by lowering everyone's wages — zerohedge (@zerohedge) March 15, 2024  

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