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To: thackney

Thanks. Are those numbers inflation adjusted? 'Cause if they aren't, and given an average 4% per year rate of inflation, they show that adjusted for inflation wages have gone down.


126 posted on 08/19/2005 2:31:40 PM PDT by skeeter
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To: skeeter
Thanks. Are those numbers inflation adjusted? 'Cause if they aren't, and given an average 4% per year rate of inflation, they show that adjusted for inflation wages have gone down.

I do not believe they are inflation adjusted. 4% is higher than actual inflation (including food and energy) but your point is still well made. Overall wages are rising slower than prices.

132 posted on 08/19/2005 3:12:37 PM PDT by thackney (life is fragile, handle with prayer)
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