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Please provide some sources for these 'many studies'.

• Frondo 9y ago
  Dude, go find your own studies. The OP content is now at the level of "Sun is bright and hot" level of having been studied. At some point, it stops becoming on us to link to studies for well-documented stuff, and on you to show the intellectual curiosity to find it on your own (and intellectual honesty to accept it).
  • briandear 9y ago
    Regarding the claim that “real wages have decreased” — yet I have studied that show such claims ignore the dramatically lower prices for consumer goods and the dramatic increase in non-wage benefits. I am not arguing that wages are up or down, but there is enough reasonable doubt that such statements aren’t in the realm of “the sun is hot.” Science should be continually challenging assumptions — especially social science where there is huge opportunity for bias and inconsistently.
• Applejinx 9y ago
  Begin with looking at U-6 as the actual unemployment rate, combine that with the gradual increase in labor force participation rate since the 70s (as people are compelled to work in two-income households to survive, etc) which has been collapsing in spite of the pressure only increasing further (disability? people becoming too broken to work anymore?) and the decline of real wages in lower percentiles against inflation and productivity gains. To people in the real world all this is simply lived experience rather than abstractions. It's tangibly, obviously real. https://www.cnbc.com/2016/04/01/charts-whats-the-real-unemployment-rate.html https://www.cnbc.com/2016/04/01/charts-whats-the-real-unempl... http://www.epi.org/publication/charting-wage-stagnation/ http://www.epi.org/publication/charting-wage-stagnation/