What an around-the-mulberry bush explanation for inflation. It doesn’t matter which party is in the White House. The simple and honest answer is more jobs and higher wages increase household incomes ...

Have people’s earnings kept up with inflation since the pandemic recession? In nominal dollar terms, median weekly earnings for full-time workers have grown since January 2021. But adjusting for ...

Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...

Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...