This chart shows the median wage has gone up since the pandemic, even if using 2022 dollars. If you look at the releases, this is true YoY as well. Median wage increased last quarter vs. the same time in 2022
So the wages in the US are better than they have ever been, even inflation adjusted. You can go back as long as you want, they were not higher in the 50s, contrary to popular belief
It doesn’t, actually. You pay all of your workers more so some of them might buy your product, maybe?
The increase in wages for everyone will help, but then capitalists have no choice to attract labor. See: the wages now adjusted vs. the inflation
https://www.bls.gov/charts/usual-weekly-earnings/usual-weekly-earnings-over-time-total-men-women.htm#
This chart shows the median wage has gone up since the pandemic, even if using 2022 dollars. If you look at the releases, this is true YoY as well. Median wage increased last quarter vs. the same time in 2022
So the wages in the US are better than they have ever been, even inflation adjusted. You can go back as long as you want, they were not higher in the 50s, contrary to popular belief