ABOUT THIS EPISODE
This episode breaks down why millions of American workers feel like they're falling behind financially despite getting regular raises, exposing the hidden mechanics of 'sticky wage norms' that failed to keep pace with the 2021-2023 inflation surge. It explores the defensive strategies workers adopt, from working extra hours to relying on credit, and explains the persistent gap between cooling inflation headlines and stubbornly low consumer sentiment.
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English
United States
explicit content
TRANSCRIPT 🔗
WEBVTT
1
00:00:00.070 --> 00:00:02.710
Let's talk about something that probably hits closer to home
2
00:00:02.770 --> 00:00:06.669
than any stock market headline or GDP report, your paycheck.
3
00:00:07.230 --> 00:00:09.949
You might have gotten a raise this year, maybe even
4
00:00:10.009 --> 00:00:13.210
last year too. So why does it feel like you're
5
00:00:13.230 --> 00:00:17.899
falling behind anyway? Here's the uncomfortable truth. For a huge
6
00:00:17.940 --> 00:00:21.440
chunk of Ameri…
1
00:00:00.070 --> 00:00:02.710
Let's talk about something that probably hits closer to home
2
00:00:02.770 --> 00:00:06.669
than any stock market headline or GDP report, your paycheck.
3
00:00:07.230 --> 00:00:09.949
You might have gotten a raise this year, maybe even
4
00:00:10.009 --> 00:00:13.210
last year too. So why does it feel like you're
5
00:00:13.230 --> 00:00:17.899
falling behind anyway? Here's the uncomfortable truth. For a huge
6
00:00:17.940 --> 00:00:21.440
chunk of Ameri…
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