You know you live in the best country in the world when rising wages cause the market to plunge: https://www.nytimes.com/2018/02/02/business/stock-market-intere

You know you live in the best country in the world when rising wages cause the market to plunge: https://www.nytimes.com/2018/02/02/business/stock-market-interest-rates.html https://www.nytimes.com/2018/02/02/business/stock-market-int... >The immediate catalyst was the jobs report, which showed the strong United States economy might finally be translating into rising wages for American workers. We even punish individual companies for this: https://www.vox.com/new-money/2017/4/29/15471634/american-airlines-raise https://www.vox.com/new-money/2017/4/29/15471634/american-ai... >American Airlines agreed this week to do something nice for its employees and arguably foresighted for its business by giving flight attendants and pilots a preemptive raise, in order to close a gap that had opened up between their compensation and the compensation paid by rival airlines Delta and United. >Wall Street freaked out, sending American shares plummeting. After all, this is capitalism and the capital owners are supposed to reap the rewards of business success. >“This is frustrating. Labor is being paid first again,” wrote Citi analyst Kevin Crissey in a widely circulated note. “Shareholders get leftovers.”