>You can't have a shortage of workers and falling wages. You can have uncompetitive US companies, but they are very profitable so the only thing left is irratio

>You can't have a shortage of workers and falling wages. You can have uncompetitive US companies, but they are very profitable so the only thing left is irrational behavior. Or insufficient capital investment and bad management holding down productivity. You can't pay a worker more than their productivity, but if the best you can get out of them is too little, it may not be worth their while. You could then plausibly see a shortage of workers, wage suppression, and stagnant productivity statistics at the same time.