New York Times, May 19, 2006 ("Coming Down to Earth" by Paul Krugman)

"On Wednesday, Treasury Secretary John Snow repeated that boast [that hourly earnings have risen 3.8 percent over the past 12 months] before a House Committee. However, Representative Barney Frank was ready. He asked whether the number was adjusted for inflation; after flailing about, Mr. Snow admitted, sheepishly, that it wasn,t. In fact, nearly all the wage increase was negated by higher prices."