Can you compare that against the increase in the standard of living, college, ho... | Hacker News

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		Leon on Aug 23, 2012 \| parent \| context \| favorite \| on: Pew Study: The Economy is lagging because the midd... Can you compare that against the increase in the standard of living, college, housing, vehicle, and food costs? This by itself doesn't mean anything if everything else is increasing in costs faster than the increase in wages...

yummyfajitas on Aug 23, 2012 [–]

The graph purports to do that comparison by measuring in inflation adjusted dollars.

In reality, since inflation tends to be overstated, real wages have probably grown by even more than the graph indicates.

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