Number Goes Up

"Extend and pretend kicks into high gear."

"The statistics aren't designed to inform, they're designed to hide the truth."

- Peter St Onge, Ph.D.

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Number Go Up

Price levels matter. And the CPI is just a model of some math PhD’s reality.

CPI

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Real wages are deflating.

“What I'm telling you is, because there were less hours worked - people work less hours, their average weekly earnings fell for the month. Fell. Deflation outright for the month, because there were so much less hours worked.

So, who cares if you're making them more per hour now…the average weekly take-home pay, which fell below three percent year-over year, 2.966%, so they round it to three, they say it's three, but it's below 3% which means again real wages are deflating. Your paycheck's worth less the second you cash it.”

Greg Weldon

The median wage per the SSA is about $40k. So you get a 5% raise - that’s like one car repair bill. And what happens when your rent goes up $200 a month?

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