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Economy

Warpy

(113,131 posts)

2. When wages rise, it's an indicator that inflation has already happened

Reply to elleng (Original post)

Tue Oct 25, 2022, 11:45 AM

Oct 2022

Wages don't drive inflation, they follow it, and somehow they never catch up to it.

That's what they mean when they say wages are a "lagging indicator."

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from Robert Reich: [View all] elleng Oct 2022 OP

Yet, way too many America s buy the BS from the GQP. BigmanPigman Oct 2022 #1

When wages rise, it's an indicator that inflation has already happened Warpy Oct 2022 #2

Another reason is that they're all freaking out about the minimum tax Warpy Oct 2022 #3