|
|
|
|
|
by megaman8
2815 days ago
|
|
Whenever people mention real wages, I get the feeling they're not really "real". What I mean is that I don't think they're calculating inflation correctly. Inflation doesn't seem to take into account Housing costs, which often cost significantly more than their constituent building blocks upon which inflation is based. Furthermore, I believe real wages should be calculated based on your ability to afford the necessities of life: shelter, food, water, transportation, medical rather than everything under the sun (most of which won't raise your living standard much). I'd like to see a chart that calculates real "real" wages for the last 50 years,. |
|