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Topic	No wage growth for the median worker since 1979, except from 1996-2001
Balrog0 08/21/18 9:55:53 AM #4:	s0nicfan posted... So if wages are matching inflation, that would imply the value of most jobs has remained stagnant. Value in what sense? But this is a median, not a mean, so I think your premise here is sort of flawed. This just says the average worker didn't gain anything, and everyone below the average worker lost (marginally) s0nicfan posted... Then the question is, what can the "same" paycheck get you in 2018 compared to 1979, and has that improved the quality of life of the average person? What about who gained and who lost, which is not evenly distributed, is that not a question? DevsBro posted... With the chart being inflation-adjusted, this is pretty much what you would expect. seems like a recent trend driven by a lack of shared gains between labor and capital to me! --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:907275324] in No wage gr... [t:76923153]...</cite> <quote><cite>s0nicfan posted...</cite> <quote>So if wages are matching inflation, that would imply the value of most jobs has remained stagnant.</quote> Value in what sense? But this is a median, not a mean, so I think your premise here is sort of flawed. This just says the average worker didn't gain anything, and everyone below the average worker lost (marginally) <cite>s0nicfan posted...</cite> <quote>Then the question is, what can the "same" paycheck get you in 2018 compared to 1979, and has that improved the quality of life of the average person?</quote> What about who gained and who lost, which is not evenly distributed, is that not a question? <cite>DevsBro posted...</cite> <quote>With the chart being inflation-adjusted, this is pretty much what you would expect.</quote> seems like a recent trend driven by a lack of shared gains between labor and capital to me! --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you.</quote> ... Copied to Clipboard!
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