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> The US ha had wage stagnation for decades. This is only true with tortured data and a conveniently narrow definition of "wages". If you look at personal inco
by marcusverus 3y ago
> The US ha had wage stagnation for decades.
This is only true with tortured data and a conveniently narrow definition of "wages". If you look at personal incomes (which is what people hear when you say "wages", and is what folks actually care about), you'll see that they've been rising rather consistently for the last 50 years.
https://fred.stlouisfed.org/series/MEPAINUSA672N https://fred.stlouisfed.org/series/MEPAINUSA672N