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" But once again, there is some disappointing news, as the income of the median or typical American household is down since 2000, and unless wage gains are very strong in the next few years, this country essentially will have gone twenty years with wage stagnation or near wage stagnation for median earners. "

Tyler Cowen , The Complacent Class: The Self-Defeating Quest for the American Dream


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Tyler Cowen quote : But once again, there is some disappointing news, as the income of the median or typical American household is down since 2000, and unless wage gains are very strong in the next few years, this country essentially will have gone twenty years with wage stagnation or near wage stagnation for median earners.