I also can't wait for the super-capitalists who will come here and poo-poo the idea of adjusting for "real" wages while on every other thread they will always talk about "real" dollars as it pertains to prices.
My guess is that the "super-capitalists" are still trying to decide whether it's worth the effort to teach the difference between median and mean, for starters.
I'm disappointed he left out the fact that for the median family of four the Bush tax cut has increased take-home pay after taxes by about $1,450 a year.
If you can't afford the increase in your local taxes maybe you should vote with your feet.
I also can't wait for the super-capitalists who will come here and poo-poo the idea of adjusting for "real" wages
In all the debates I've seen with the doom and gloom squad over wages, real numbers are always used. What good are wage and salary numbers if they're not adjusted for inflation?