@tommycanuk.bsky.social
Reposted
With wages failing to keep pace, researchers find that consumers’ real spending power decreased by 4%, on average. The rich are getting richer and wage earning average Americans can’t even go to the movies and dinner. Explain the big picture! www.cnbc.com/2025/06/13/m...
Americans are losing spending power, say researchers: Most can no longer afford a 'minimal quality of life'
The Ludwig Institute's Minimal Quality of Life Index found that, in 2023, only 40% of Americans earned enough money to get by in relative comfort.
www.cnbc.com
July 22, 2025 at 2:01 AM
With wages failing to keep pace, researchers find that consumers’ real spending power decreased by 4%, on average. The rich are getting richer and wage earning average Americans can’t even go to the movies and dinner. Explain the big picture! www.cnbc.com/2025/06/13/m...