sorry but wages are rising faster than inflation
Wrong:
"The purchasing power of weekly wages fell -0.2% in July, -0.5% down yr/yr and down -0.9% from July 2002. Real wages for service providing workers are -0.7% below July 2002 levels and manufacturing workers' wages are -0.9% lower than in July 1999. These wage data cover 81% of the private sector workforce."
MBG Information Services http://www.mbginfosvcs.com/, left-hand column, short scroll...