this post was submitted on 12 Sep 2023
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Statecraft
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It seems clear to me, but get the confusion.
A cumulative graph for both figures would be good. It would show that, yes wages and CPI are the same right now, but here's the cumulative difference since [whenever].
There's also a case for 2%, rather than 0, to be the baseline if that's the long term target. It's written that way, but not graphically represented as well.
Thanks for the explanation. It does make sense when you put it that way.