Then run the numbers on a 60-hour workweek, which ups the yearly wage to $300, making $800 more than two and a half times the average wage. $28K in today’s dollars is still way too low to be believable.
I’m reminded of the Architects phrase from The Matrix, “Denial is the most predictable of human responses.”
I never said you were in denial, I said I was reminded of that phrase. The unreliability of government inflation statistics is well known. Shadowing Reality by John Williams explains it well enough. He claims its a bipartisan effort which reduces fiscal expenses by manipulating the CPI.
40 hour workweek didn’t really begin until 1940 so the average yearly wage based upon that isn’t likely a good estimate.
Then run the numbers on a 60-hour workweek, which ups the yearly wage to $300, making $800 more than two and a half times the average wage. $28K in today’s dollars is still way too low to be believable.
I’m reminded of the Architects phrase from The Matrix, “Denial is the most predictable of human responses.”
Your claim I’m wrong because I’m in denial while you outright deny. Sure thing.
I never said you were in denial, I said I was reminded of that phrase. The unreliability of government inflation statistics is well known. Shadowing Reality by John Williams explains it well enough. He claims its a bipartisan effort which reduces fiscal expenses by manipulating the CPI.
Inflation data being a lie is definitely something I’ll agree to.