[1rudeboy]

Interesting article, and not only because of the date it was published, but because it claims that "[a]verage hourly earnings in private, nonagricultural business increased in real terms by about 16 percent during the past 40 years . . . ."

[FairOpinion]

Interesting info.

Thanks for posting it.

[Victoria_R]

There's a flaw. Consumer price index does not include taxes. I once crunched the same numbers for a laugh and I included taxes. There was no earnings increase for the average person.

[.cnI redruM]

That would explain why noone is willing to take low wage, manual labor jobs in places like CA.

[1rudeboy]

Have you ever read a novel titled Camp of the Saints? This thread is the virtual equivalent of the professor's house on the hill.

[1rudeboy]

Please take a close look at the graph at the top of this thread. I have an opponent who claims that it shows real wages have fallen since 1970. I claim that it shows that the rate of increase in real wages rates leveled-off after 1970 has has begun increasing again. What gives? If I'm wrong, then I owe someone an apology.