Grokmaster
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That is NOT a projection. It may or may not be accurate but it definitely isn't a projection.
The BLS chart are the HARD NUMBERS. The StLouis FEDERAL RESERVE is not, depending on the chart.
We just had a 3/2% INCREASE IN WAGES, over the 2.6% INCREASE IN WAGES from LAST YEAR, over Obama's last year.
That's a 5.8% INCREASE IN WAGES since 2016..FAR OUTSTRIPPING INFLATION.