Comment by nearbuy
5 days ago
I didn't choose 1975. That's the year the parent comment claimed median earnings have dropped from in comparison, so that's the year I have to use to refute the claim.
Still, real wages in 1975 were relatively high compared to previous decades. See table A-7 here: https://www2.census.gov/library/publications/2024/demo/p60-2...
Estimated median earnings for full-time male workers peaked in 1973 in the chart, until surpassing it in the 2010s. It's hard to find directly comparable data for earlier decades, but estimates put wages significantly lower. If you anchored to the 1920s, 30s, 40s or 50s instead, you'd just show even more growth in median wage. If you're saying we shouldn't compare to the 70s or 80s either, then what's left? Just years after 1990?
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