@peterbucci.bsky.social
American real median personal income increased substantially in the 1980s and the 1990s. And it increased in the 2000s. As for wages, they stagnated from 1971 to 1995, but grew at the same time NAFTA and China trade took off.
The timing doesn't add up. People feel worse off, but their wages aren't.
The timing doesn't add up. People feel worse off, but their wages aren't.
May 20, 2025 at 11:58 PM
American real median personal income increased substantially in the 1980s and the 1990s. And it increased in the 2000s. As for wages, they stagnated from 1971 to 1995, but grew at the same time NAFTA and China trade took off.
The timing doesn't add up. People feel worse off, but their wages aren't.
The timing doesn't add up. People feel worse off, but their wages aren't.