Quote:
Originally Posted by gasman
I will admit I haven't studied how production has increased while wages have stagnated. I did look into average weekly wage in Alberta over the past 20 years, and it looks like from 2001-2019 the average weekly wage in Alberta increased approximately 2.8% and 2.7%/year (depending on salary vs hourly)which has exceeded inflation which averaged 2.0% in Alberta ( based on CPI) over the same time period. Indicating that the average person in Alberta is better off than they were 20 years ago.
I am total fine with the average person being better off, and I understand there will be winners and there will be losers. We have some safety nets in place, but in the end the Wage gap is not something I see as concerning.
I feel the same way about schooling. Sometimes kids need to be left behind. We can't govern to make sure we pick everyone up at the expense of those that exceed expectations. but that's a whole other thread |
I’m not sure Alberta is the best example. Or perhaps given the explosive wave growth in Alberta in the 2000s that other jurisdictions or Canada as a whole should be used. I suspect out 20% real increase in earnings is an outlier.