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Economy

jmbar2

(7,818 posts)

1. I just learned the term "wage reset" today...

Reply to mahatmakanejeeves (Original post)

Thu Feb 12, 2026, 09:13 PM

Thursday

...where the "invisible hands" somehow all decide at the same time to lower wages across the board.

People sitting around a conference table, deciding to reduce wages to below the cost of living for their employees, then facing them every day. While companies are making record profits.

How can SO many people think this is OK?

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"The Employment Cost Index shows continued deceleration in compensation growth in Q4." [View all] mahatmakanejeeves Thursday OP

I just learned the term "wage reset" today... jmbar2 Thursday #1

Employment Cost index - considred the best statistic on wages/salaries and benefits, and the Federal Reserve's favorite progree Thursday #2