(Source: Angry Bear Blog, March 26, 2013)
Your read it here first: Real wages fell 0.2% in 2012, down from $295.49 (1982-84 dollars) to $294.83 per week, according to the 2013 Economic Report of the President. Thus, a 1.9% increase in nominal wages was more than wiped out by inflation, marking the 40th consecutive year that real wages have remained below their 1972 peak. Yet no one in the media noticed, or at least none thought it newsworthy.
Full story: Angry Bear Blog