Friday, October 28, 2011

Whoa! Hourly wage up $1.23 in 36 years

It's class warfare all right. Warfare on workers.

But we've been saying that all along. Now the Center for American Progress reports the typical American worker's wages rose by $1.23 in the past 36 years. That's an 8.4 percent increase.

It's a good thing housing, tuition, food and gas haven't gone up that much in 36 years.

Oh, wait, they've gone up more. College tuition alone doubled every nine years.  In 1975 the average price of a new house was $39,300 and a gallon of gas cost 44 cents.

Do we need to mention what happened to the rich?