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Arin Dube argues that the recent headline inflation reading shows how U.S. paychecks are being eroded by the Iran war.
Dube notes that while overall inflation is spiking, core inflation remains relatively modest, indicating the energy-driven price surge has not yet threatened broader price stability.
Dube previously reported that average U.S. private-sector hourly wages showed minimal real growth from January 2025 to April 2026, according to his analysis of real wage growth under Trump 2.0. He has also identified the Swedish Rehn-Meidner model as a key economic approach for potential revival. These observations provide context for his current focus on the effects of inflation and energy prices on paychecks.