> I'm sorry to bother you with this. I just looked up > the time series for total private average hourly > earnings, seasonally adjusted, in 1982 dollars on the > BLS web site. It comes back that they've been > more-or-less constant since 1964. > > I'm floored. Is this right, or am I doing something > wrong. I thought that real wages were generally > higher today than in the past, ups & downs > notwithstanding. Why are we better off today? > > (Better products & two wage households would be a > start, I guess.)
If you measure wages in desk calculators instead of dollars, I'm sure they've gone up substantially! ;-) --Robert
