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<p>[QUOTE="Blaubart, post: 1979208, member: 37498"]Despite your economics background, I still don't think you understand the concept of flat wages. It does not indicate any failure of individuals to progress upwards through their careers, but rather an across the board comparison of people working similar jobs.</p><p><br /></p><p>For example, you take snapshots of all entry level manufacturing jobs at two different points in time, adjust for inflation, and compare. The results do not mean that the people in those entry level positions did not progress to middle or upper management, it only shows the difference in pay for the people working in those positions at those particular points in time.</p><p><br /></p><p>If you took a snapshot at 1990 and 2014, I earn a dramatically higher salary now than I did then, even after taking inflation into consideration. Then again, I also didn't stay in the same position waiting for a raise. If you do stay in the same position, and refuse to better yourself or seek positions of increasing responsibility, then maybe your wages will remain flat. Should it be otherwise?[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1979208, member: 37498"]Despite your economics background, I still don't think you understand the concept of flat wages. It does not indicate any failure of individuals to progress upwards through their careers, but rather an across the board comparison of people working similar jobs. For example, you take snapshots of all entry level manufacturing jobs at two different points in time, adjust for inflation, and compare. The results do not mean that the people in those entry level positions did not progress to middle or upper management, it only shows the difference in pay for the people working in those positions at those particular points in time. If you took a snapshot at 1990 and 2014, I earn a dramatically higher salary now than I did then, even after taking inflation into consideration. Then again, I also didn't stay in the same position waiting for a raise. If you do stay in the same position, and refuse to better yourself or seek positions of increasing responsibility, then maybe your wages will remain flat. Should it be otherwise?[/QUOTE]
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