Editing Reaganomics (section)

=== Real wages ===
[[File:Real working class wage in 2017 dollars, 1972-1989.png|454x454px|thumb|right|Under Reagan, real working-class wages continued the declining trend that began in 1973, albeit at a slower rate]]The average real hourly wage for production and nonsupervisory workers continued the decline that had begun in 1973, albeit at a slower rate, and remained below the pre-Reagan level in every Reagan year.<ref>{{Cite web|url=https://www.bls.gov/opub/mlr/2005/05/art1full.pdf|title=Real compensation, 1979 to 2003: analysis from several data sources}}</ref> While inflation remained elevated during his presidency and likely contributed to the decline in wages over this period, Reagan's critics often argue that his neoliberal policies were responsible for this and also led to a stagnation of wages in the next few decades.