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Old 01-06-2019, 12:50 PM   #11
spence
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Join Date: Nov 2003
Location: RI
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Quote:
Originally Posted by Nebe View Post
What is the inflation rate? If you account for inflation and subtract that from the average wage increase you will find that you might be quite humbled Jim.
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As usual, Nebe is right. Adjusted for inflation wage growth the last 40 years has been pretty flat. At the same time wealth inequality has continued to deepen and the new tax laws are just going to make things worse for the bottom half.
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