Yup this is left wing pseudo science instead of right wing pseudo science. These are just some graphs that don’t prove anything without a scientific paper to back it up.
I never said it was incorrect but I’m just trying to say that some graphs with some arrows don’t prove anything. Thanks for sharing actual factual information.
It’s a website with “wtf” in its name, chill. It just shows the degradation of purchase power firstly as a consequence of the 70s oil crisis, and then as a consequence of increased neoliberalism.
Yup this is left wing pseudo science instead of right wing pseudo science. These are just some graphs that don’t prove anything without a scientific paper to back it up.
Well what you’re calling left wing psudoscience is an article by Economic Policy Institute: https://www.epi.org/publication/charting-wage-stagnation/
They explain their methodology and data sources in meticilous detail, even more so in their report on how they do; https://www.epi.org/publication/understanding-the-historic-divergence-between-productivity-and-a-typical-workers-pay-why-it-matters-and-why-its-real/
If that’s not enough here’s some more stuff:
https://academic.oup.com/qje/article/135/2/645/572126
https://www.imf.org/external/pubs/ft/wp/2008/wp08185.pdf
I never said it was incorrect but I’m just trying to say that some graphs with some arrows don’t prove anything. Thanks for sharing actual factual information.
Agreed. Much love ❤️
“pseudo science”
It’s a website with “wtf” in its name, chill. It just shows the degradation of purchase power firstly as a consequence of the 70s oil crisis, and then as a consequence of increased neoliberalism.