2 ms·
US wages have remained flat only because employers have increased non-wage benefits rather than wages. Worker compensation has done nothing but go up. https://
by yummyfajitas 11y ago
US wages have remained flat only because employers have increased non-wage benefits rather than wages. Worker compensation has done nothing but go up.
https://research.stlouisfed.org/fred2/series/ECICOM https://research.stlouisfed.org/fred2/series/ECICOM
https://research.stlouisfed.org/fred2/series/RCPHBS https://research.stlouisfed.org/fred2/series/RCPHBS
In short, everyone has become richer.
Also, outsourcing increases your own standard of living. Foreigners work while locals consume. What next, hiring a maid reduces my standard of living?