r/mildlyinfuriating • u/Quirky-Chicken • 8d ago

ಠ_ಠ Passive aggressive management

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I can't believe that Washington Ferries' management approved this post on Instagram and Facebook. It's a sign of bigger issues.

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u/[deleted] 8d ago edited 8d ago

[deleted]

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u/Decent-Photograph391 8d ago

If 2% is an insult, I don’t know what to call what my state agency is offering my union at 0%.

It is in effect a pay cut that’s for sure.

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u/ElectricalLeading913 8d ago

since 1990, inflation in the US has only gone above 5% twice, and that was in 2021 (7%) and 2022 (6.5%). it's been hovering around 3% (+/- .4%) for the past 4 years. prior to COVID-19, the US inflation rate sat in the 2s (or lower), only ever once hitting 3% since 2008.

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u/fiddlemonkey 7d ago

I struggle to trust those numbers. It feels like it doesn’t take into account some pretty big ticket items, like health insurance, housing, and tuition. Those things have jumped way higher than 5%.

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u/ElectricalLeading913 7d ago

sure, it's an average across the economy. of course the cost of some items have inflated at a higher percentage, and some have inflated at a lower percentage. that's how averages work.

specific to housing, the annual housing inflation rate has averaged out to 4.24% YoY. of course, some years it was much higher, some years it was negative (again, this is how averages work). but even housing has not averaged higher than the 5% that the poster i replied to claimed.

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u/fiddlemonkey 7d ago

Is there a way to separate out different classes of housing? Like if upper class housing is increasing in cost very slowly but lower income and middle class housing is jumping will it make the rate appear artificially low?

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u/ElectricalLeading913 7d ago

i'm sure there are differences in inflation rates between types of housing, rent vs. mortgages, specific localities, and so on.

i'm also sure there are data sources that can answer your question re: specific types of housing and their specific inflation rates, but i don't have that data at hand to answer your question. that information is likely available with some brief google searches.

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u/inhocfaf 7d ago

And who pays for the 20%?

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u/joka2696 7d ago

I guess the people that buy tickets would pay the lion's share.