7 ms·
>It's also the simple fact that the average blue collar worker hasn't seen rising wages since the 80s. You probably need to define what you mean by average blu
by opo 3y ago
>It's also the simple fact that the average blue collar worker hasn't seen rising wages since the 80s.
You probably need to define what you mean by average blue collar worker as there are many ways of looking at this data (and it is often difficult to even find the estimated levels of transfer payments being given).
For example, this Fed chart shows CPI adjusted median household income rising from around 57 thousand to around 75 thousand today:
https://fred.stlouisfed.org/series/MEHOINUSA672N https://fred.stlouisfed.org/series/MEHOINUSA672N