Me and Jeff Bezos have an average net worth of 50 billion

Real takes into account cost of living.

1. We aren't measuring wealth
2. People like Bezos aren't included in the Median.

this low iq

push for class warfare

is really embarrassing lol

wait hold on

Nonetheless, CEOs have seen increased pay because their productivity has rapidly increased. This is true for white collar workers as a whole.

Trump just complemented California 😳

how can the wages of minimum wage workers lessen

However every income group has seen higher real incomes.

when minimum wage has been increasing

The graph you posted, or meme, is misleading.

I take issues with this graph aswell

The pay increases do not match these other costs

When you **do** account for these variables, you get this

as productivity continues to increase the real wages move up along with it

nothing wrong wit hthe rich getting richer

when they're better than a large portion of the population lol

social darwinism in action

They’re not over 1000% better

I'm going to repost this
I take issues with this graph aswell
The issues are: it doesn't account for depreciation in productivity; it doesn't use all worker's wages, just a selection; it doesn't take into account all productivity; it use two different inflation indexes; it doesn't use compensation - workers aren't simply paid in wages.

thats not an argument

as usual

higher iq's are linked to success

When you adjust for these variables, you get this:

Depreciation is an issue

try and increase the general iq of a given population

Depreciation of productivity statistics, your graph doesn't measure it.

if you want any effective social change

@sɪᴅɪsɴᴏᴛʜᴇʀᴇ that graph showed more stagnant labour compensation

Which overstates productivity.

Yeah, because of these reasons:
> it doesn't account for depreciation in productivity; it doesn't use all worker's wages, just a selection; it doesn't take into account all productivity; it use two different inflation indexes; it doesn't use compensation - workers aren't simply paid in wages.

I SAW THAT

Your graph is showing wages only, not total compensation

Among the other issues.

What do you define as total compensation

Here is an article going over the issues in more detail and correcting for it: https://www.piie.com/blogs/realtime-economic-issues-watch/growing-gap-between-real-wages-and-labor-productivity

AND HOW DO YOU EXPLAIN THE TOP THREE