bonddad has already written
about this before, but it bears repeating.
The Fed has provided a comprehensive study on income (pdf) which includes graphs like this one:
This is what stands as "progress", and, as usual, Europe is following the US trailblazers:
(net yearly increase in real wages in various countries and the eurozone. Allemagne = Germany)
So a little bit more effort, and soon we'll have negative wage growth everywhere in the eurozone, and, presumably, hopes of grand growth perspectives:
(cumulative GDP growth, Etats-Unis = USA, Royaume-Uni = UK)
See, thanks to the relentless pedagogic efforts of the marketistas, Europe will soon be rid of the "labor rigidities", "protectionism" and other impediments to economic "growth".
Disclaimer. Any suggestions that growth is caused solely by an unsustainable buildup in debt, or benefit only to the richest few will be deemed anti-patriotic.