- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
How pay raises turned into pay cuts, Biden years (2020-2024)
Posted on 2/1/26 at 9:54 am
Posted on 2/1/26 at 9:54 am
9 states bucked the trend
These 5 states residents lost the most financially
quote:
Bureau of Labor Statistics data show the average American worker’s pay rose 18% to $75,600 from about $64,000 during those years, but inflation soared about 21%. Despite every state in the country showing wage increases in dollars, the average Americans lost approximately 2.6% in income after adjusting pay increases for inflation.
“In other words, the nation got a raise on paper, but a pay cut in reality,” wrote Jasmine Escalera
quote:
Idaho: +3.1%
Florida: +2.6%
Washington: +2.3%
Montana: +2.3%
Wyoming: +1.8%
South Carolina: +1.5%
North Carolina: +0.9%
Tennessee: +0.9%
Maine: +0.5%
These 5 states residents lost the most financially
quote:
New Jersey: –7.0%
Rhode Island: –6.9%
Maryland: –5.4%
Massachusetts: –5.3%
New York: –5.3%
5
Posted on 2/1/26 at 9:56 am to TigerintheNO
quote:
Idaho: +3.1%
Posted on 2/1/26 at 10:02 am to TigerintheNO
Most things have doubled in cost, with many tripled or more. That 21% is absolute bullshite.
Posted on 2/1/26 at 10:21 am to TigerintheNO
I knew I should’ve stayed in eastern Washington/northern Idaho.
Posted on 2/1/26 at 10:23 am to cubsfan5150
Those winners/losers are almost split red/blue.
Posted on 2/1/26 at 10:24 am to TigerintheNO
Almost like the politicians in charge voting to hand out free money to businesses and individuals during the pandemic was a bad idea.
They probably all got reelected though.
Most everyone knew it was a bad idea but went along anyway because we have no self control.
They probably all got reelected though.
Most everyone knew it was a bad idea but went along anyway because we have no self control.
This post was edited on 2/1/26 at 10:25 am
Posted on 2/1/26 at 10:25 am to fightin tigers
quote:
They probably all got reelected though.
Oh...well then that was 2 Trillion in COVID "relief" well spent. That's all that matters.
Posted on 2/1/26 at 10:27 am to forkedintheroad
Much is still moving up up up too
Posted on 2/1/26 at 10:28 am to TigerintheNO
My favorite part was the inflation reduction act that pumped a trillion fake dollars into the econony and exacerbated inflation.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News