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My point is that you can cherry-pick specific examples all you like, but the data clearly shows that the purchasing power (real wages, whatever term you prefer)
by danaris 3y ago
My point is that you can cherry-pick specific examples all you like, but the data clearly shows that the purchasing power (real wages, whatever term you prefer) of average Americans has stayed (nearly) flat for the past 40+ years.
- MichaelZuo 3y agoWhat data? Why not just link it? Everything I’ve seen suggests otherwise, a big net positive even after factoring in everything.
- danaris 3y agoThen you must have only been looking at horrendously biased sources. This is incredibly common knowledge. It's very widely reported. Just Google "real wages vs productivity graphs".
- MichaelZuo 3y agoIt seems you’re confusing these concepts? Purchasing power is NOT equivalent to productivity.