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Tapdancer

4,510 Posts.

114

10/05/25

23:35

Post #: 78995162
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Originally posted by Jacketed: ↑

So, multivariate calculations required..
however, end result is still real wages are falling. Taken over longer periods , say 1970s to now, it is bloody horrible.
But you can buy a colour TV for a weeks wages.. 1970s 1 months wages...

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That last sentence is key.

We're all living far better than our grandparents.....everything is far cheaper for everybody, regardless of real wages.
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