Is that adjusted for inflation?
This reminds me of reading about something mentioning that the growing gap between the rich and the poor is not the rich getting richer and the poor getting poorer. It's the rich getting richer, the poor getting richer, and a bunch of people immigrating to replace the poor people.
This reminds me of reading about something mentioning that the growing gap between the rich and the poor is not the rich getting richer and the poor getting poorer. It's the rich getting richer, the poor getting richer, and a bunch of people immigrating to replace the poor people.
Do you have a cite or remember generally where you had read that?
ETA: The table linked by Landsburg has been called into serious question by Evan Soltas [H.T. CronoDAS]. I edited the post to leave only the table to provide context for the comment discussion of its status.
Economist Steve Landsburg has a post [H.T. David Henderson] about the supposed stagnation of median wages in the United States in recent decades. In the linked table median wages have risen for: