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"wages keep up with inflation" or something like that. Except, they don't" Your link talks about wages not keeping up with productivity, not inflation. Wages
by benj111 7y ago
"wages keep up with inflation" or something like that. Except, they don't"
Your link talks about wages not keeping up with productivity, not inflation.
Wages have most definitely grown faster than inflation over the past 50 years.
- adamredwoods 7y agoPew Research on this topic: "But in real, inflation-adjusted terms, the median has barely budged over that period: That $232 in 1979 had the same purchasing power as $840 in today’s dollars. Wage increases in the U.S. rise to the top earners Meanwhile, wage gains have gone largely to the highest earners." https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...