3 ms·
> non-wage benefits have been increasing This is codeword to say that gains are going to people of high net worth. Most of the population still survives on wag
by coliveira 9y ago
> non-wage benefits have been increasing
This is codeword to say that gains are going to people of high net worth. Most of the population still survives on wages (excepts for the ones out of work). So what you're saying doesn't disprove the fact that for most people income is going down, adjusted for inflation and for costs that don't appear on inflation statistics (housing, health care).
- jcranmer 9y agoThe non-wage benefit that's increasing the fastest is probably health care benefits, which is likely mostly captured by the middle class, not high net worth individuals.
- coliveira 9y agoThis is a benefit that cannot be accessed as disposable income, so we are back to square one. It is just a transfer of wealth from most companies to the health care sector, masked as a benefit to workers.