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At least over the past 25 years, the picture is fairly different for other developed countries; in the UK, over that time period, there have been significant in
by Brakenshire 13y ago
At least over the past 25 years, the picture is fairly different for other developed countries; in the UK, over that time period, there have been significant inflation-adjusted pay increases across all wage categories:
http://www.ons.gov.uk/ons/rel/lmac/earnings-in-the-uk-over-the-past-25-years/2012/rpt-earnings-in-the-uk-over-the-past-25-years.html#tab-Real-wages-up-62--on-average-over-the-past-25-years http://www.ons.gov.uk/ons/rel/lmac/earnings-in-the-uk-over-t...
Inequality has increased, but the poor and the middle-income have also seen significant increases in their prosperity.