tag:blogger.com,1999:blog-7895164153505105997.post4200505863715537180..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: Tax cuts don't mean more jobs, and "growth" doesn't mean higher wagesBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7895164153505105997.post-86331891886580091512015-09-19T07:41:37.985-07:002015-09-19T07:41:37.985-07:00Brookings Institute: "The typical male U.S. w...Brookings Institute: "The typical male U.S. worker earned less in 2014 than in 1973. The typical man with a full-time job — the one at the statistical middle of the middle — earned $50,383 last year, the Census Bureau reported this week."<br /><br />http://www.brookings.edu/research/opinions/2015/09/17-male-us-worker-earned-less-in-2014-than-in-1973-wessel<br /><br />$50,383 a year? Is that "gross" annual income or "average" annual income or annual "median household" income? Because wage data from Social Security shows:<br /><br />"50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $28,031."<br /><br />http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2013<br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com