Cartoons Against Humanity
September 6, 2018·0 comments·In Brief
Strong economic signals exist alongside weak wage growth. Rather than accept this gap, institutions are proposing a different way to measure wages. The question isn't whether workers are earning more, but whether the metrics are being redrawn to match the preferred story.
· The White House Council of Economic Advisers is proposing a new wage calculation methodology that would show 1% growth instead of the official 0.1%. Other economic metrics look strong, but wages don't fit the narrative being sold.
· The gatekeepers openly acknowledge the gap. When wage data doesn't align with positive signals elsewhere, the solution isn't to question why the gap exists. It's to change how wages are counted.
· This isn't new. The Obama administration did the same thing with different metrics. What's constant across administrations is the willingness to redraw the measuring stick when reality doesn't match the preferred story.
· Macroeconomic data is always an abstraction. But when institutions openly adjust measurements to serve preferred narratives, the gap between numbers and reality becomes deliberate rather than accidental.
· If the metrics driving market movements are being redrawn on demand, what are markets actually responding to? The question isn't whether wages are growing. It's whether measurements mean anything when they're designed to produce predetermined answers.
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