wagegrowthrow's comments

Thank you for the correction! I was bamboozled by the charts :) I do still wonder if actual purchasing power has really kept up - the article does note that the increase in benefit costs may eat into wages.

Fascinating stuff! I think that the author left out one crucial point: purchasing power. Per Pew Research[0], wages have not kept up with inflation. EDIT: Until recently! I do wonder if the creation. of a perception of increased expense has to do with the state of wages before the last decade.

[0] https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...