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by DeonPenny
956 days ago
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why would they and why would american workers want them too. The US ha had wage stagnation for decades. In what world would those worker let corporations bring in competition. Why would the new hordes of gen x and millenial bosses hire the elderly. |
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This is only true with tortured data and a conveniently narrow definition of "wages". If you look at personal incomes (which is what people hear when you say "wages", and is what folks actually care about), you'll see that they've been rising rather consistently for the last 50 years.
https://fred.stlouisfed.org/series/MEPAINUSA672N