no it is an identical plot on the graph, not an overstatement at all.
The standard of living for the median worker has improved significantly in forty years let alone two hundred, lifestyle inflation is definitely rapid as you would expect with progress, wage growth has outpaced inflation for everyone but public sector workers.
Bad as things may seem now, we are all richer than ever before.
The standard of living for the median worker has improved significantly in forty years let alone two hundred, lifestyle inflation is definitely rapid as you would expect with progress, wage growth has outpaced inflation for everyone but public sector workers.
Bad as things may seem now, we are all richer than ever before.