But, crucially, gains concentrated among higher earners. https://www.wsj.com/articles/real-wages-keep-powering-ahead-but-can-the-trend-last-1506265200?mg=prod/accounts-wsj …
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Low inflation means modest nominal wage gains are going further. Real earnings growth higher than in '80s, '00s. https://www.wsj.com/articles/real-wages-keep-powering-ahead-but-can-the-trend-last-1506265200?mg=prod/accounts-wsj …pic.twitter.com/AqDvfTprhf
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(Reposting because earlier tweet cut text off chart by accident.)
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Lol no. Bottom 90% stagnant but face severe inflation for normal costs like housing,medical,food,etc. Published rate not reflective of this.
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