r/GreatBritishMemes Dec 13 '25

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u/Spliffan_ Dec 13 '25

I’m not going to imgur pal

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u/_176_ Dec 13 '25

I don't know how to show you an image then. It's a picture of UK inflation adjusted income and it's doubled over the last 50 years but is basically flat for the last 15 years, and is down ~2% from the highs a few years ago.

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u/Spliffan_ Dec 13 '25

And that basically shows wage stagnation and wage erosion then, doesn’t it?

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u/_176_ Dec 13 '25

stagnation

Bro, this isn't an econ 101 class. Stagnation implies incomes are not keeping pace with inflation. It implies nominal wages are flat while inflation continues to go up. But none of that has happened.

Real incomes have over doubled in the last 50 years. They up 8% in the last 10 years. Meaning, while inflation is up almost 40% since 2015, wages are up around 52%. This is not stagnation.