Re:Wage Stagnation
by shams93 on Tuesday February 26, 2019 @10:42AM
(#19255154)
It's worse than it looks when you add massive education debt and in states like California we have seen the vast share of tax increases landing on wage earners plus incredibly high rent.
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Re:Wage Stagnation
by WhompingWindows on Tuesday February 26, 2019 @10:57AM
(#19255287)
Yes, I'm not sure if the linked post discusses education debt. Even if wages increased 50% more than we think due to inflation issues, as the blog post claims, I don't know how a slightly better wage makes up for vastly increased education/housing spending. I don't know if the CPI or productivity account for either of those, either.