(via DeLong and Leonhardt)
Interesting results when one looks at median (not mean) inflation adjusted wages for men aged 25-64 over the past 45 years ...
Have Earnings Actually Declined? - Up Front Blog - Brookings Institution
The red line looks only at employed men. The blue line includes men who are not working [1], so there are more people with 0 wages.
The post-industrial age has not been kind to most men. This is why I call our time the age of mass disability.
PS. Man, the late 90s were good times.
[1] Some will be be earning money they don't want to admit of course.
See also:
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