SteveFromMySpace , 2 hours ago (edited 2 hours ago)

“Wages and salaries increased 5.1 percent for the 12-month period ending in June 2024 and increased 4.7 percent a year ago. Benefit costs increased 4.8 percent for the 12-month period ending in June 2024.The prior year’s increase was 5.2 percent.”

I cannot speak to your individual case or where you live or respective industry. But “wages are low“ is incredibly reductionist. They’re up ~9.8% over 2 years.

It’s also important to remember that the entire world is hurting as we are emerging from a near recession/massive economic disruption due to Covid. The US has actually had a better story than many of its peers.

That being said I would never argue we have a healthy economy. I just think your particular characterization is flawed. Income inequality is still skyrocketing as it has been for about 20 years. Arguably 50. But “skyrocketing” wouldn’t apply entirely to 1980-2010