33 ms·

The tidbid they're not talking about are the fact that wages are down .5% https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html https://www.cnbc.com/2

by rdudek 4mo ago

The tidbid they're not talking about are the fact that wages are down .5% https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.ht...

cyanydeez 4mo ago
[flagged]
- Apocryphon 4mo ago
  State and local governments care?
  - cyanydeez 4mo ago
    depends on the color of your skin in a lot of them.
  - throwawaypath 4mo ago
    They also don't care.
- rusk 4mo ago
  As you’d expect from the staggeringly low (by international, 1st world standards) turnout
- ZeroGravitas 4mo ago
  The very first time I thought "That's it, Trump is done, it's over" is when he complained wages were too high in the US. Clearly he thought it was a gaffe as he denied saying it shortly after saying it twice in two videotaped appearances. But he sailed on through that and many other misteps.
  - BLKNSLVR 4mo ago
    Everything he says ever, all the time, should be his undoing. And with every 'next thing' the US moves further from any pretext of democracy or rule of law.
- pixelatedindex 4mo ago
  I feel like wages have stagnated too, but data says it has been keeping up (barely) with inflation: https://www.statista.com/chart/32428/inflation-and-wage-growth-in-the-united-states/?srsltid=AfmBOop_nmApDwe4rXBOCLg4mUxEAQHVCgu_DnzX7gzoRMR5fnG1BJkZ https://www.statista.com/chart/32428/inflation-and-wage-grow...
- jcranmer 4mo ago
  https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q That's what you call stagnating wages?
  - runako 4mo ago
    That chart is rough. Q3 2025 about equivalent to 5-6 years prior.
joe_mamba 4mo ago
[flagged]
- parineum 4mo ago
  Part of the reason people voted for "no more wars" was because of the long history of more wars from both parties. Desperate people make desperate choices.
  - joe_mamba 4mo ago
    [flagged]
    - mothballed 4mo ago
      I voted for the only candidate (Chase Oliver) that appeared on my ballot that was basically 100% certain to not get us into wars, and I've had absolute vitriol spewed at me (including here on HN) because I was informed it was a default to Trump. There's no way to act where you won't be hated by someone. Even if you stop paying taxes for the bombs someone will scream that you hate old people or the children.
      - deleted 4mo ago
        [deleted]
      - anonymars 4mo ago
        Idealism is for the primaries. You knew with certainty that Chase Oliver wasn't going to win the presidency, which meant you were okay with either of the two candidates that definitely was going to win the presidency
        phainopepla2 4mo ago
        Only about 20% of Americans live in swing states. So for 80% of Americans, idealism is for the general as well. Or at least it could be
giantg2 4mo ago
Those are real wages. We would expect to see that during a sudden jump in inflation. Wages tend to lag inflation. The other interesting part in that article is that excluding fuel and food still shows 2.8% inflation - only 1% attributable to food and fuel. Makes it seem like the main article and this article have different spins. Edit: Wow people are jumping on this. The point is that food and fuel increases account for about 26% of the overall inflation number, meaning that the bulk of inflation is not related directly to fuel. The original article makes it it seem different.
- stuaxo 4mo ago
  Ah fuel and food - those classic unimportant things.
  - jcranmer 4mo ago
    Fuel and food are excluded from core inflation not because they're unimportant (they are in fact incredibly important) but because they are much more volatile in price--going up and down in bigger increments--so that you get a more stable view of inflation by excluding them.
    - array_key_first 4mo ago
      But it's a bit of a nasty trick because food, in particular, has inflated in price a lot the past 3 years. Some items, like sugar, are legitimately double the price they were.
- HumblyTossed 4mo ago
  For most Americans (aka: not the top 5% like SWEs), food and fuel increases hurt a lot.
  - hnthrowaway0315 4mo ago
    SWEs do feel the pain, too. Not everyone has a 200K+ gig. Especially for a big family.
keernan 4mo ago
"With productivity rising at a brisk pace, the share of national income that goes to workers has sunk to its lowest point on record" https://www.nytimes.com/2026/05/12/business/economy/cpi-inflation-report-consumer-prices.html https://www.nytimes.com/2026/05/12/business/economy/cpi-infl...

by rdudek 4mo ago

cyanydeez 4mo ago

[flagged]

Apocryphon 4mo ago
State and local governments care?
- cyanydeez 4mo ago
  depends on the color of your skin in a lot of them.
- throwawaypath 4mo ago
  They also don't care.
rusk 4mo ago
As you’d expect from the staggeringly low (by international, 1st world standards) turnout
ZeroGravitas 4mo ago
The very first time I thought "That's it, Trump is done, it's over" is when he complained wages were too high in the US. Clearly he thought it was a gaffe as he denied saying it shortly after saying it twice in two videotaped appearances. But he sailed on through that and many other misteps.
- BLKNSLVR 4mo ago
  Everything he says ever, all the time, should be his undoing. And with every 'next thing' the US moves further from any pretext of democracy or rule of law.
pixelatedindex 4mo ago
I feel like wages have stagnated too, but data says it has been keeping up (barely) with inflation: https://www.statista.com/chart/32428/inflation-and-wage-growth-in-the-united-states/?srsltid=AfmBOop_nmApDwe4rXBOCLg4mUxEAQHVCgu_DnzX7gzoRMR5fnG1BJkZ https://www.statista.com/chart/32428/inflation-and-wage-grow...
jcranmer 4mo ago
https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q That's what you call stagnating wages?
- runako 4mo ago
  That chart is rough. Q3 2025 about equivalent to 5-6 years prior.

joe_mamba 4mo ago

[flagged]

parineum 4mo ago
Part of the reason people voted for "no more wars" was because of the long history of more wars from both parties. Desperate people make desperate choices.
- joe_mamba 4mo ago
  [flagged]
  - mothballed 4mo ago
    I voted for the only candidate (Chase Oliver) that appeared on my ballot that was basically 100% certain to not get us into wars, and I've had absolute vitriol spewed at me (including here on HN) because I was informed it was a default to Trump. There's no way to act where you won't be hated by someone. Even if you stop paying taxes for the bombs someone will scream that you hate old people or the children.
    - deleted 4mo ago
      [deleted]
    - anonymars 4mo ago
      Idealism is for the primaries. You knew with certainty that Chase Oliver wasn't going to win the presidency, which meant you were okay with either of the two candidates that definitely was going to win the presidency
      - phainopepla2 4mo ago
        Only about 20% of Americans live in swing states. So for 80% of Americans, idealism is for the general as well. Or at least it could be

giantg2 4mo ago

Those are real wages. We would expect to see that during a sudden jump in inflation. Wages tend to lag inflation. The other interesting part in that article is that excluding fuel and food still shows 2.8% inflation - only 1% attributable to food and fuel. Makes it seem like the main article and this article have different spins. Edit: Wow people are jumping on this. The point is that food and fuel increases account for about 26% of the overall inflation number, meaning that the bulk of inflation is not related directly to fuel. The original article makes it it seem different.

stuaxo 4mo ago
Ah fuel and food - those classic unimportant things.
- jcranmer 4mo ago
  Fuel and food are excluded from core inflation not because they're unimportant (they are in fact incredibly important) but because they are much more volatile in price--going up and down in bigger increments--so that you get a more stable view of inflation by excluding them.
  - array_key_first 4mo ago
    But it's a bit of a nasty trick because food, in particular, has inflated in price a lot the past 3 years. Some items, like sugar, are legitimately double the price they were.
HumblyTossed 4mo ago
For most Americans (aka: not the top 5% like SWEs), food and fuel increases hurt a lot.
- hnthrowaway0315 4mo ago
  SWEs do feel the pain, too. Not everyone has a 200K+ gig. Especially for a big family.

keernan 4mo ago

"With productivity rising at a brisk pace, the share of national income that goes to workers has sunk to its lowest point on record" https://www.nytimes.com/2026/05/12/business/economy/cpi-inflation-report-consumer-prices.html https://www.nytimes.com/2026/05/12/business/economy/cpi-infl...