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"Are the jobs that are created, in aggregate, as good as the jobs that are replaced?" Are you living at a higher material standard than people at the dawn of t
by edblarney 10y ago
"Are the jobs that are created, in aggregate, as good as the jobs that are replaced?"
Are you living at a higher material standard than people at the dawn of the industrial revolution?
Are you living at a higher material standard than the people in the 1980's?
If 'yes' - then wages (as defined by their purchasing power) have increased.
- WillPostForFood 10y agoThe problem is that there are large portions of the country that answer no to: "Are you living at a higher material standard than the people in the 1980's?".