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To: Southack
And your source shows an inflation-adjusted *gain* in U.S. wages.

Please be specific. I do not see an "inflation adjusted" gain in the CES0500000051 '70-'04 data I posted. That data series shows a loss in real wages.

That's better than a loss, btw!

Whether from your chosen BLS hourly series CES0500000049 showing an inflation adjusted 50 cent hourly gain over 40 years, or your budget source showing an $18.59 weekly raise in 45 years is 46 cent/hour, both are about the same, and measured in pennies per year.

Pennies per year. Yeah, better than a loss.

It was a binary question, after all. Did "real" U.S. wages go up or down?

That is your excuse, after all? You'll declare economic victory for pennies a year (and relying on cherry picked data), just because in absolute binary terms a few pennies a year is "up"?

A few more pennies per year is the core of your argument?

168 posted on 03/20/2004 11:33:31 PM PST by Starwind (The Gospel of Jesus Christ is the only true good news)
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To: Starwind
"Whether from your chosen BLS hourly series CES0500000049 showing an inflation adjusted 50 cent hourly gain over 40 years, or your budget source showing an $18.59 weekly raise in 45 years is 46 cent/hour, both are about the same, and measured in pennies per year.

Pennies per year. Yeah, better than a loss."

Yes, better than a loss. U.S. wages have risen, even after being adjusted for inflation. We are wealthier today than back in the past.

Thus, people are incorrect to claim that U.S. wages have fallen on average.

That was the fact being debated.

170 posted on 03/20/2004 11:38:09 PM PST by Southack (Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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