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Yeah, I actually agree. But the article is directly citing productivity, which by definition is the average economic output per hour worked. It's fine if you w
by dcolkitt 6y ago
Yeah, I actually agree. But the article is directly citing productivity, which by definition is the average economic output per hour worked.
It's fine if you want to focus on median wages, but at the same time you need to compare against the median worker's economic output- not aggregate productivity. Otherwise you're just comparing apples to oranges.