http://penguin42.livejournal.com/ ([identity profile] penguin42.livejournal.com) wrote in [community profile] talkpolitics 2010-04-13 06:40 pm (UTC)

Real wages have gone up.

The graph posted here labeled "average hourly earnings" shows this not to be the case.

Though I understand these kinds of macroeconomic variables can be processed and cut up and presented in lots of different ways to imply different things. I'm just wondering where the data is that show wages going up?

Also, you mentioned income mobility in another post of yours. There is a graph showing income mobility, and it's true that it still exists, but it's trending downward. That's not a good sign.

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