Search results

Marc, the fact that I have repeatedly mentioned REAL wage increases and even put in plain English that it is after inflation is taken into account doesn't seem to have sunk in. Again, this is after inflation, ie those costs you just mentioned, have been taken I to account. Once again I'm afraid...

i said that over the last year or so real incomes have dropped, this would flow through to people tightening their belts. it doesnt change the fact that over the last decade people have earnt more, not less.

Marc, this has nothing to do with anecdotes, social circles or opinions. It is an inescapable FACT that what I said is true, real earnings have indeed increased over the last decade. Opinion has nothing to do with it when talking about something with clearly identified metrics and measurements...

bzzzzzt incorrect real earnings, ie earnings after inflation is taken into account, have increased over the last decade