Posted on 02/25/2015 6:34:42 AM PST by ckilmer
One of the most frustrating parts of the sluggish recovery has been paltry wage gains for most workers. That's because even if the stock market is performing well, corporate profits are increasing, and home values are risingâone of the most direct and important ways to boost the financial health, and consumption, of the middle and lower class is through increases to worker's wages.
(Excerpt) Read more at theatlantic.com ...
Productivity vs. Compensation
some of this analysis I agree with. Some is liberal pap.
The other big thing that happened in the 1970’s that has drained money out of American pockets —is that USA started buying expensive foreign oil. Literally trillions of dollars have flowed overseas in the ensuing decades.
People are willing to put in 50 hours a week for a 40 hour pay check, which is stupid in my opinion, but that is just me
The lower line on the graph levels off with women joining the workforce in huge numbers. I’m sure that this flat line won’t go up with an influx of millions of third world “workers”.
uhhh....cause it’s going to convince a clear majority of American voters to elect a Communist?
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