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Can you compare that against the increase in the standard of living, college, housing, vehicle, and food costs? This by itself doesn't mean anything if everythi
by Leon 14y ago
Can you compare that against the increase in the standard of living, college, housing, vehicle, and food costs? This by itself doesn't mean anything if everything else is increasing in costs faster than the increase in wages...
- yummyfajitas 14y agoThe graph purports to do that comparison by measuring in inflation adjusted dollars. In reality, since inflation tends to be overstated, real wages have probably grown by even more than the graph indicates.