8 ms·

The reality is that wages have not kept up with inflation. https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-f

• treis 5y ago
  Your cite includes a chart that very clearly shows wages rising with inflation.
• deleted 5y ago
  [deleted]
• torstenvl 5y ago
  That's the opposite of what your link shows. While wages have not kept up with growth in the economy or overall productivity, they have absolutely "kept up with inflation," and a tiny bit more, i.e., the average wage has the same buying power now (or a little more) as the average wage had decades ago after adjusting for inflation.
• imtringued 5y ago
  Given enough inflation you will eventually get full employment and wages will catch up with productivity increases. If you have 1% inflation for a decade the economic system is going to fix itself eventually but it's going to take forever, which is why anti inflation sentiments have built up as people get used to the new normal and are scared of change.