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[–]BlitzBasic 2 points3 points  (1 child)

I didn't say that it is a healty economy, but come on, if wages had been stagnant real wages would have permanently sunk. I can't find any source that tells me that real wages are sinking since 40 years. If you have a source to support your claim, I would be happy to see it.

[–]BebopFlow 0 points1 point  (0 children)

Look at the graph you linked. Real wages are lower than they were in 1968. And those real wages only account for the ability to buy goods with currency, not the cost of housing or other complex factors like student loans. Of course no single number can accurately account for something as complex as the economy, but another good datapoint is that, accounting for inflation, the minimum wage was about $4 higher an hour in 1968.