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[–] Kannibal 2 points (+2|-0)

If you get a $1,200 annual raise on the same day that your rent goes up by $100 a month, you don't need an accountant to tell you that you didn't actually make any financial progress. And while that's an excessively simplified example, it's nonetheless a pretty fair representation of what has been happening to most American workers over the past four decades.

https://www.usatoday.com/story/money/economy/2018/08/14/salaries-real-us-wages-back-1974-levels-pew-report/37468497/

http://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/