"Inflation outstripped real wages for people who work for pay from others"
About this Quote
The line also smuggles in an argument about power. "Outstripped" implies a race where one runner (prices) is sprinting and the other (wages) is stuck in molasses, which neatly captures the lived experience of a cost-of-living crunch: you can work just as hard and still fall behind. It's an indictment without a villain named, a useful move for a politician who wants the audience to fill in the blanks (corporate pricing, weak unions, an indifferent Fed, austerity politics) without triggering instant partisan recoil.
Contextually, it's a snapshot of the post-1970s bargain breakdown, sharpened by any moment when gasoline, rent, or groceries spike and "economic growth" stops translating into felt security. Bishop's intent is less to diagnose inflation than to reframe it: not an abstract macro problem, but a fairness problem with a clear constituency and an implied demand for wage growth, labor leverage, or targeted relief.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Bishop, Tim. (2026, January 16). Inflation outstripped real wages for people who work for pay from others. FixQuotes. https://fixquotes.com/quotes/inflation-outstripped-real-wages-for-people-who-89675/
Chicago Style
Bishop, Tim. "Inflation outstripped real wages for people who work for pay from others." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/inflation-outstripped-real-wages-for-people-who-89675/.
MLA Style (9th ed.)
"Inflation outstripped real wages for people who work for pay from others." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/inflation-outstripped-real-wages-for-people-who-89675/. Accessed 12 Feb. 2026.


