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by whatever1 633 days ago
You are the one shifting the goal posts.

We are pointing out that the salaries are stagnant or getting worse over time (e.g. min wage) in real money terms. We show you that the inflation is same or higher than the annual wage raises, while the GDP is still growing (GDP growth is already adjusted for inflation).

So someone is benefiting from the GDP growth, but this someone is not the W2-worker. But you don't want to admit the facts.

1 comments

The data shows that the average wage is keeping up with productivity growth. The only argument you've presented is that the minimum wage has not kept up with productivity growth. You're right about that, which is a fairly narrow point, given the proportion of people making federal minimum wage has dropped from 13% to 1% of workers.