US Household Incomes Increased More in 2018 Than in the Previous 20 Years—Combined.
For years, a school of economists has complained that US wages have been virtually stagnant for decades.
“Jobs are coming back, but pay isn’t. The median wage is still below where it was before the Great Recession,” former Labor Secretary Robert Reich said in 2015. “Last month, average pay actually fell.”
In fact, it’s not hard to find data showing that wages have barely increased since the 1970s, a figure many have used to stoke classy envy.
DON’T WORRY, THE DEMOCRATS HAVE A PLAN TO FIX THIS:
The last few years set the record for the most wars that never happened.
— wretchardthecat (@wretchardthecat) November 17, 2020
h/t Glenn
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