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It's patently obvious that the freshly baked pie is being hoarded by an elite. Average wages and compensation have been almost entirely stagnant since the 1970s
by jdietrich 9y ago
It's patently obvious that the freshly baked pie is being hoarded by an elite. Average wages and compensation have been almost entirely stagnant since the 1970s. At best, this unequal growth is irrelevant to most people; in all likelihood, it's driving rampant inflation of house prices, rents and an array of essentials like healthcare and education.
If trickle-down economics ever worked, it certainly doesn't work now.
https://www.washingtonpost.com/news/wonk/wp/2017/05/08/researchers-have-answered-a-big-question-about-the-decline-of-the-middle-class/ https://www.washingtonpost.com/news/wonk/wp/2017/05/08/resea...