Comment by GMoromisato
1 day ago
And yet, US median wages have gone up from 2000 to 2023: https://www.ssa.gov/OACT/COLA/central.html
In 2000, median wages were ~$21,000. In 2023, it was ~$43,000 (adjusted for inflation, that's ~$24,000 in year 2000 dollars).
Yes, of course, some people will not be able to adapt (through no fault of their own). But as a whole, the economy is better now than it was in 2000.
Who cares about the economy if you're one of the folks who got left behind, is my point. Aggregate wages being higher hasn't solved the social problems in the Rust Belt.