| ▲ | JumpCrisscross 2 hours ago | |||||||||||||||||||||||||
> real wage growth. Something that's not existed since the 1970s Real wages are 15% higher than they were in 1979 [1]. | ||||||||||||||||||||||||||
| ▲ | nicoburns 42 minutes ago | parent | next [-] | |||||||||||||||||||||||||
Only because the inflation metrics don't include housing. | ||||||||||||||||||||||||||
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| ▲ | noosphr 2 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||
That is not hourly earnings. Americans are working longer than they did in 1970. On top of that even if we take your link at face value that's a 0.35% growth per year. The medieval warm period had faster wage growth. | ||||||||||||||||||||||||||
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| ▲ | Avicebron 2 hours ago | parent | prev [-] | |||||||||||||||||||||||||
CPI-U is deceptive and misses the point entirely, cheap t-shirt and televisions don't matter when people can't afford healthcare or housing. | ||||||||||||||||||||||||||