Paul, I think this is quite useful: http://www.epinet.org/content.cfm/datazone_dznational
Muchos saludos Alejandro Valle Baeza
Paul Zarembka wrote:
What is a reliable source for the trend of real HOURLY wages in the U.S. since 1973?
I'm wondering because Bush wants to substitute the CPI for nominal wage growth in initial benefit-level Social Security calcculations (in order, he says, to reduce SocSec expenditures). Soc. Sec. 'wages;' are not really 'wages' but W-2 reporting. They grew but only by 1/3 of one percent in real terms, by my calculations, from 1973 to 2003.
I'm wondering Bush is not making a mistake. Could it not be the case that Bush proposal -- in this respect only -- could be accepted by those who do not expect the U.S. economy to do well in the next decades (peak oil here we come?)?
Paul
*********************************************************************** RESEARCH IN POLITICAL ECONOMY, Paul Zarembka, editor, Elsevier Science ******************** http://ourworld.compuserve.com/homepages/PZarembka
- cultivating the next generation of conservatives, Autoplectic Tue 14 Jun 2005, 03:08 GMT
- Re: cultivating the next generation of conservatives, Michael Perelman Tue 14 Jun 2005, 03:10 GMT
- Real wage trend in the U.S., Paul Zarembka Tue 14 Jun 2005, 20:12 GMT
- Building a Left Wing CNN, Paul Zarembka Wed 15 Jun 2005, 15:23 GMT
- Re: Real wage trend in the U.S., Alejandro Valle Baeza Thu 16 Jun 2005, 07:33 GMT
- <Possible follow-up(s)>
- Re: cultivating the next generation of conservatives, jblau@xxxxxxxxx Tue 14 Jun 2005, 15:06 GMT
- cultivating the next generation of conservatives, Charles Brown Wed 15 Jun 2005, 13:36 GMT
- Re: cultivating the next generation of conservatives, tom walker Wed 15 Jun 2005, 14:03 GMT
- Re: cultivating the next generation of conservatives, Michael Perelman Wed 15 Jun 2005, 15:12 GMT