LMAO saw a headline like this the other day: “corporate profits are up YoY, hmm how mysterious”
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USA Today out there asking the dumbest questions where everyone knows why, even the rich causing it.
Yup, it's a real mystery.
Because minimum wage isn't tied to inflation and regional cost of living.
"That's very much a wage story," Wadford said. "Since the beginning of the year, wages for lower-income households have continued to fall...while inflation continues to remain stubbornly high." In 2025, 29% of lower-income households live paycheck to paycheck, up from 28.6% in 2023 and 27.1% in 2023.