Ranvier , 8 months ago (edited 8 months ago)

No real incomes adjusted for inflation are higher then in the 1980s. Though comparable to where they previously peaked in the 1970s.

weforum.org/…/50-years-of-us-wages-in-one-chart/

Current real wages are similar to that 2019 number.

Still terrible when you consider it took 50 years for real wages to just effectively tread water though. The economy grew a ton over that time period. Means all the increased value didn’t make it’s way into more wages. So on average people make a little more than in the 1980s even considering increased cost of living, but they should be making much more even than that.