Inflation- Shocking study shows U.S. wages haven't grown in 40 years

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Shocking study shows U.S. wages haven't grown in 40 years

Thursday, September 02, 2010
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From Buy Like Buffett:

Did you know that your grandparents were making just as much money as you in the 70’s? It may not seem like it but apparently it is true.

A new study reveals that wage growth for the average U.S. citizen has been stagnant since 1970. We work more hours and for less money than our parents and grandparents did. How is this so when previous generations never made $30,000 or $40,000 dollars per year?

The United States economy may have grown during the 70’s, 80’s, 90’s, and 2000’s but the salaries of the middle class have not. The reason for this is...

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Topics:		Inflation \| Government_Stupidity \| Boondoggle

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