I'm a complete layman, but I've heard an economist say something different about real wage rising. Doing some searches, I think making that conclusion might als

I'm a complete layman, but I've heard an economist say something different about real wage rising. Doing some searches, I think making that conclusion might also be misleading. Here's some of the stuff I found out: - There was a recession in 1980s , so it's shouldn't be used as comparison point - If you look at inflation adjusted historic data: http://web.stanford.edu/class/polisci120a/immigration/Median%20Household%20Income.pdf http://web.stanford.edu/class/polisci120a/immigration/Median... - in 2000 adjusted, there hasn't been any increase since 1970s. Since 1970s it's been ~40k in 2000's dollar. Using this: http://www.usinflationcalculator.com/ http://www.usinflationcalculator.com/ shows - ~40k in 2000 is 56.8k in today's money. Looking at real wages for in recent times https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N - the last (2015) data shows: 56.5k So, it looks like real wages hasn't grown at all in recent history. Note that I went looking for info to match what I've heard an economist say on youtube video: https://www.youtube.com/playlist?list=PL-uRhZ_p-BM4Pei6Xlr_AiV0pJcb9Mz1k https://www.youtube.com/playlist?list=PL-uRhZ_p-BM4Pei6Xlr_A... (episode 4 is most relevant to current topic)