Wage Stagnation Ii

Maybe it's better to just use median annual wages...

In 2019 that was $31,113.

In 1954 it was $4,200 (for a family, so again it might be apples to oranges... Though I think back then most families were single income so it might be fine?)

Adjusting for inflation, $4200 in 1954 is $39,916. 71 in 2019 dollars.

At least $8000 less a year for the lower half.