The Daily Chart: Get Real About Wages

The White House likes to claim happy days are here again because wages keep rising! Any sensible person will look at real wages, that is wage growth adjusted by inflation. When you do this elementary thing, the wage trend looks like this:

How long until Biden or Karine Jean-Paul Sartre Pierre-Paul give up a reprise of Saturday Night Live from back when it was funny—during the Carter years:

Notice: All comments are subject to moderation. Our comments are intended to be a forum for civil discourse bearing on the subject under discussion. Commenters who stray beyond the bounds of civility or employ what we deem gratuitous vulgarity in a comment — including, but not limited to, “s***,” “f***,” “a*******,” or one of their many variants — will be banned without further notice in the sole discretion of the site moderator.