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https://fred.stlouisfed.org/series/LES1252881600Q

Real wages haven’t fallen at all. We’re far wealthier in real terms now than ever before.



People complaining about real wages are for the most part just out of date. Your data shows about a 0.9% growth compounded per year over the last 10 years - and a 0.17% growth compounded per year over the 35 years before that. The numbers were effectively stagnant for my entire childhood and adolescence. (I'm Canadian, but I imagine the picture has the same basic shape here.)


Being able to consume .2% compounded more per year with no increase in labor just for free is pretty nice!




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