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WalterBright an hour ago

This corresponds with the increasing share of the economy consumed by the government.

> the hourly wage

This is a misleading statistic. The actual statistic is "total employee compensation", which includes the benefits packages, the (so-called) employer contribution to SS, 401k employer contributions, etc.

The TEC is often worth up to 150% of the wages.

anonymars an hour ago | parent [-]

FRED shows Federal outlays as a percent of GDP broadly leveling off and declining. 2008 GFC and COVID being transient exceptions

https://fred.stlouisfed.org/series/FYONGDA188S

Meanwhile here's employee compensation* over GDP (both seasonally adjusted)

https://fred.stlouisfed.org/graph/?g=1XO2h

Any chance you can share the sources for your assertions?

* includes benefits as per https://www.bea.gov/resources/methodologies/nipa-handbook/pd...

WalterBright 3 minutes ago | parent [-]

Just google total compensation vs salary.