On: Raising the minimum wage? Study using US tax data ...

[MichaelZuo]

So your just going to ignore the healthcare example that every passing reader can clearly see? Really?

And btw eggs are also roughly the same or even cheaper for the median American income compared to over 40 years ago.

[danaris → MichaelZuo]

My point is that you can cherry-pick specific examples all you like, but the data clearly shows that the purchasing power (real wages, whatever term you prefer) of average Americans has stayed (nearly) flat for the past 40+ years.

[MichaelZuo → danaris]

What data? Why not just link it?

Everything I’ve seen suggests otherwise, a big net positive even after factoring in everything.

[danaris → MichaelZuo]

Then you must have only been looking at horrendously biased sources.

This is incredibly common knowledge. It's very widely reported. Just Google "real wages vs productivity graphs".

[MichaelZuo → danaris]

It seems you’re confusing these concepts? Purchasing power is NOT equivalent to productivity.