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Which is why salary as a percentage of GDP is at an all time low.
by ThomPete 10y ago
Which is why salary as a percentage of GDP is at an all time low.
- adventured 10y agoThat's a dramatic exaggeration. It's at a low post 1960s (an era which produced a temporary fake high because the rest of the developed world had been blown up, so the US took over half of all global manufacturing, a boon for working-class wages). Go take a look at what labor pulled in per hour in 1890.
- ThomPete 10y agoThe labour cost as a percentage of GDP?