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I know many people who've gotten big raises over the last 2-3 years, including individuals who have more than doubled their pay. And they always attribute their
by frogamel 3y ago
I know many people who've gotten big raises over the last 2-3 years, including individuals who have more than doubled their pay. And they always attribute their raises to hard work, job hopping, or climbing the promotion ladder. At the same time, they'll also act like the 20% or whatever inflation we've had over the past few years is equivalent to the government stealing their hard earned money.
From a macro perspective, the same factors that drove inflation is what drove their big pay hikes. But most people only see that "I earned more money and now I'm being screwed by inflation". These are often the people who spend like crazy while simultaneously complaining about how bad the economy is!