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It's impossible to buy a house, gas prices are insane, and the cost of consumer goods are still through the roof. The article tries to point to average wage increases over the last few years, but this categorically ignores the fact that most Americans haven't seen a wage increase during this time. This suggests that the wage increase isn't happening around the median of wages, where most hourly Americans find themselves, but rather is occurring at either the floor or ceiling — neither of which has an impact on most Americans. If I had to guess, I would think this is probably happening at the floor, given how many states have been raising minimum wage recently.
Of course, this is great news if you're earning minimum wage. The issue is, most Americans aren't.
honestly gas prices are pretty cheap compared to everything else. If it gets in line with everything else its going to really suck.
They're back down to $2.50 where I live
which before everything doubled in price would be like getting gas for a buck 25