Social security / medicare are indexed to inflation.
The s&p500 outperformed inflation. (And treasury interest rates - 3 month and 10 Year - are ~<2x cpi and cpi targets for the first time in ~20 years)
How do you convey ideas to voters when the basis of the idea is feeling vs fact, outlier vs median?
https://www.marketplace.org/2024/10/30/wage-growth-slowing-o...
If Americans own stock at all (38% don't), the majority of it is in retirement accounts.
Last year, the median income was still below 2019: https://fred.stlouisfed.org/series/MEHOINUSA672N
The data are aggregate measures. I have no doubt that for, say, the top 20% of earners, wages did outpace inflation. Maybe the next 30% were able to tread water. The bottom 50%, however, are likely on a sinking ship.
It would probably be best with deep empathy from the heart, which seems to be in extremely short supply from some camps, and nothing else seems to be working.
That's the best description of what good politicians can do that I've ever heard.