4 ms·
And yet, US median wages have gone up from 2000 to 2023: https://www.ssa.gov/OACT/COLA/central.html https://www.ssa.gov/OACT/COLA/central.html In 2000, median
by GMoromisato 22d ago
And yet, US median wages have gone up from 2000 to 2023: https://www.ssa.gov/OACT/COLA/central.html https://www.ssa.gov/OACT/COLA/central.html
In 2000, median wages were ~$21,000. In 2023, it was ~$43,000 (adjusted for inflation, that's ~$24,000 in year 2000 dollars).
Yes, of course, some people will not be able to adapt (through no fault of their own). But as a whole, the economy is better now than it was in 2000.
- ytoawwhra92 21d agoWho cares about the economy if you're one of the folks who got left behind, is my point. Aggregate wages being higher hasn't solved the social problems in the Rust Belt.