13 Facts About Wage Growth
Because Economics is political, inconsistent contradictory economic
measurements has resulted in much confusion.
The great
inflation of the 1970's made the CPI a less valuable and inappropriate measure
for calculating wage growth.
Here the conservative Brookings Institutes used unusual methodology to show wages growth has not been stagnate.
During the analysis inflation went from high to average to low making the BLS
generated CPI inappropriate.
The inconsistence among academic economists to measure economic activity
has resulted in far right political control and it could cause
excessive social stability.
See
Are Wages Stagnant Real
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