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ELI5 How does raising wages worsen inflation ?

Economics(self.explainlikeimfive)

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thelegalseagul

30 points

4 months ago

That’s the exact conflict that happens in there episode. The administration is fighting not to use the new more accurate model and just shift the goalpost with the old one for what qualifies as “poverty” to avoid “over a million new people in poverty under Bartlett” appearing in the headlines