Friday, February 7, 2020

Bernie was right in 2015 and it's even worse now: Real wages of men are lower than they were 45 years ago, a fiasco













The median earnings of men working full time year-round in 2018 ticked up to $55,291. Adjusted for inflation, this was below the amount they earned in 1973, according to the annual data trove released by the Census Bureau today. In other words, there has been a “real” income decline for men over the past four-plus decades! ... [M]en’s real earnings are a fiasco.