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Now plot that wage plot against productivity, or corporate profit, or any US stock index, or as you said: housing costs. Real wages are not keeping up with anyt
by ryandrake 2mo ago
Now plot that wage plot against productivity, or corporate profit, or any US stock index, or as you said: housing costs. Real wages are not keeping up with anything. It's not just housing.
- dghlsakjg 2mo agoThat data exists. Here is real wages with cost of living factored in for a bunch of locations in the US. https://fred.stlouisfed.org/release?rid=439 https://fred.stlouisfed.org/release?rid=439 This data shows that real wages are rising even with cost of living factored in.