Surely u cannot be that retarded....70% growth over 16 years is about 3% growth annualized.that's 3% growth per year...and that's for the median income...I'm pretty sure low income earners experiences much lower growth.
obviously this is the overall median gross wage..... gosh...you are seriously retarded.
u obviously do not understand.....that 70% increase in wages from the year 1996 to 2012 is derived from annualized increase of 3% per year,compounded over 16 years.....that is what ROY was talking about wages have been increasing by slightly over 2.5% PER YEAR.....u fucking moron,not only u are using the wrong figures to make ur wrong stupid fucktard assumptions....this clearly shows PAP IB have no brains when it comes to finance or economics or law.
and Minimum Sum have been increasing on average 5.6% per year.....MORE THAN OUR WAGES BEEN INCREASING.HOW CAN THE RATE OF OUR SAVINGS OUTPACE THE RATE OF OUR WAGES GROWTH????
Minimum sum in 2003 was $80,000 in 2014 it is $155,000.
obviously this is the overall median gross wage..... gosh...you are seriously retarded.
And retarded Sinkie still could not figure out that with an estimated 3% growth 'analised', he is living with an inflation of at least 5.0% or more also 'analised'.
Maybe the Sinkie got anal-ed by the PAP so many times that figures don't mean much to them. LoL
Take home median pay is $1700 in 2012!!!!!!!