Compounding Riley. It never caught up to the beginning.Wage growth has been higher than inflation for the past 2 years. Wage growth compounds just as inflation does.
To get you started, wage growth in March 2023 was 6.1%. Inflation was 4.98%. The rest is in the links. It will do you good to study some on your own. Not that I think it will do you any good.
https://www.multpl.com/inflation/table/by-month
https://www.atlantafed.org/chcs/wage-growth-tracker
I'll present this another way, inflation started ramping up under Trump, would you like to argue wages grew with inflation under Trump or do you acknowledge wages were behind and now want to discuss "compounding"?