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ModernMech 3 days ago

> If these reports say that things are better for low income people, why do people living that reality overwhelmingly disagree?

I'll give an example. In 2019, a 1bd apartment near me cost $800 per month. The McDonalds paid $7.50 per hour. Today the same 1bd costs $2000 per month, and the McDonalds pays $15 per hour.

So both can be true. Wages have gone up 100% for the low income worker, which is good news. But it's not enough to offset the cost of living increases, so they are actually worse off than they were before their wages went up.