Three straight months. That's how long families have been taking a real pay cut in Trump's economy, as inflation keeps outpacing wage growth and paychecks keep falling behind.
"One thing to keep our eye on of course, wages. What's been happening with wage growth for everyday Americans? Ticking up slightly to 3.5 percent on an annual basis, but when you compare that to the red line there, inflation, which is now topping 4%, it doesn't feel as good. An increase in wages of course is good, but when inflation is outpacing wage growth by that much, it erases the gains. You're going in the wrong direction. Yeah, it feels uncomfortable for people."
💬 Discussion
Three straight months. That's how long families have been taking a real pay cut in Trump's economy, as inflation keeps outpacing wage growth and paychecks keep falling behind.