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To: 1rudeboy
I'm looking for a "long term trend," Einstein. That is the language you used.

Can you show that the data on #13 is false? It may be only three years but the trend has been going on since the mid-nineties. I've posted reputable links in the past to demonstrate that but you dismissed them. If you care to present facts that prove real wages are rising I'd like to see them.

89 posted on 02/01/2004 9:25:52 AM PST by Reaganwuzthebest
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To: Reaganwuzthebest
TABLE 2A
Real Hourly Wages, By Education* Level, All Workers 18-64, 1973-97
(1997 Dollars)
Year Less Than High School High School Some College College College Plus College/ 
High School
1973 11.22 12.82 14.16 18.60 22.66 1.45
1979 11.15 12.49 13.61 17.43 21.42 1.40
1989 9.38 11.36 13.20 17.88 23.24 1.57
1990            
1991            
1992 8.86 11.07 12.52 18.04 23.03 1.63
1993 8.72 11.02 12.47 17.97 23.22 1.63
1994 8.52 11.10 12.36 18.14 24.17 1.63
1995 8.25 10.90 12.20 18.13 23.90 1.66
1996 8.21 10.84 12.18 17.86 23.80 1.65
1997 8.22 11.02 12.43 18.38 24.07 1.67
Annualized Percent Change
1973-79 -0.1 -0.4 -0.7 -1.0 -0.9  
1979-89 -1.6 -0.9 -0.3 0.3 0.9  
1989-97 -1.5 -0.4 -0.7 0.3 0.4  
*Education levels from 1992-1997 are estimates designed to be consistent with pre-1992 educational coding.

Source: Authors' analysis of CPS ORG data; inflation-adjusted using CPI-U-X1.

91 posted on 02/01/2004 9:27:40 AM PST by sarcasm (Tancredo 2004)
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To: Reaganwuzthebest
Average hourly earnings in private, nonagricultural business increased in real terms by about 16 percent during the past 40 years, but professionals did better: physicians, for example, enjoyed an increase in real earnings of 33 percent in the same period.
[]
The top 5 percent of families had an increase in income of 129 percent in real terms from 1960 to 1998, while the middle fifth had an increase of 54 percent and the bottom fifth only 38 percent.
[]
The average real income of working Americans, as the chart [that sarcasm persists in misreading] shows, increased beginning in 1995--undoubtedly made possible by the spurt in productivity over the same period. [emphasis added]

Source: Scientific American

95 posted on 02/01/2004 9:32:43 AM PST by 1rudeboy
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