Move a wage-and-inflation comparison from August 2020 back to February and the story changes. The reason reveals how pandemic job losses distorted average wage data and why the starting date matters. Continue reading Same Economy, Different Story: How the Starting Date Changes What Inflation Data Tells You
America’s inflation rate no longer tells the whole story. Prices are roughly 29 percent above their August 2020 level, while tariffs, energy disruption and household costs keep affordability under pressure. Continue reading America Says Inflation Is Falling. The Middle Class Is Asking: Then Why Can’t We Afford America?
A late-night scroll through 2024’s tech headlines reveals billions in profits. There are AI breakthroughs. However, there’s a quiet undercurrent of layoffs. Hundreds of thousands of workers are gone. I wonder what will happen if the machines we build to … Continue reading The Impact of AI on the Middle Class Economy
