That means every worker today is producing more than somebody doing a similar type job 50 years ago. If you are producing More, you would think that you are earning more. Correct? That ain't the case. In fact, Over the last 52 years or so, real inflation accounted for wages for the average worker is lower today than it was back then. And I'll tell you something else, and I say this to the young people, I want you to hear this. (16:54–17:05)
CLAIM
Asserts that real wages for average workers have decreased over the past 52 years.
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