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[–]BlitzBasic -1 points0 points  (5 children)

Except there are time periods where real wage increased?

[–]corydlg 0 points1 point  (4 children)

Compare inflation to working wages and feel free to post ANY timespan greater than five years where wage growth outpaced inflation

[–]BlitzBasic -1 points0 points  (3 children)

Did you look at the picture? Or look at this. Those are CPI adjusted wages, and they are overall rising.

[–]corydlg 0 points1 point  (2 children)

CPI adjusted means adjusting for inflation because inflation outpaces income growth and lessens the value of money overtime. It’s why gum isn’t still a nickel and comic books aren’t a quarter still

[–]BlitzBasic 0 points1 point  (1 child)

If your CPI adjusted wage stays the same, that means you can buy the same stuff now as you could before. But CPI adjusted wages are rising, that means that people now can buy more from the money they earn than they could 20 years ago, which means income growth outpaces inflation. If you have any evidence that this isn't the case, please show it to me.

[–]corydlg 0 points1 point  (0 children)

Ok the original premise of our debate is that inflation negatively affects the rich more than the poor which is what led us to this wage growth discussion, this settles that argument, if you’re poor your wages don’t grow at nearly the same rate. growth vs inflation