kiwiman127
Comfortably Moderate
- Oct 19, 2010
- 11,802
- 3,429
Wage growth has been flat because the government has been determining the compensation that businesses should pay?[/QUOTE]And that's why wage growth has been flat for three decades.
Take a look at historical wages (in Real Dollars) for non-supervisory workers. Productivity has been on a steady rise but not wages. These numbers are based on the Department of Labor who measures wage growth in Real Dollars as do economists, no matter what political stripe.
No, businesses have. The Minimum Wage is so far behind the inflation rate it isn't funny. (Well to some it is)