- China's Economic Record Vs US Archived Message
Posted by Keith-264
on July 11, 2019, 9:30 pm
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China's Economic Record Vs US By professor Richard Wolf "For most of the last 20 years the rate of growth in China has been 2, 3 or 4 times that of the Unitedd States" "In the United States real wages (The average wage of the U.S. worker) has stagnated. It has gone nowhere. In 1973 the average wage of an American, was able to buy more thing than it was in 2018. The real wage in the United States is less today than it was then." - In the last 40 to 45 years American real income wages, their real wages have not gone up. The real hourly wage in the united states is lower today than it was in 1973. |
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