Wage stagnation has a hand in productivity decreases. Wages are pretty much stagnant since 2000 even in upperclass compared to costs rising [1]. People are work

Wage stagnation has a hand in productivity decreases. Wages are pretty much stagnant since 2000 even in upperclass compared to costs rising [1]. People are working harder and losing ground, that is exhausting. The Great Recession gave companies a decade of excuses for not giving real money wage increases, not just real compensation which people can't actively spend as consumers [2]. America has efficiently worked out wage increases of real money, yes 'real compensation' has moved but people can't spend that and most of it is not used. The velocity of money is decreasing at a scary rapid clip since 2000 [3]. More money goes to wealth as inequality has increased. Less money in lower/middle is changing hands. All of this leads to less reason for longer term employees to innovate and increase productivity. Wages do have an impact on productivity and the skills people bring, American businesses have efficiently worked them out for the short term gains and long term drain. Wages are a key aspect in capitalism growth that seem to be the most fought against. Companies today have forgotten that wages are as American as it comes. [1] https://www.nytimes.com/2014/10/07/upshot/the-great-wage-slowdown-of-the-21st-century.html https://www.nytimes.com/2014/10/07/upshot/the-great-wage-slo... [2] https://www.nytimes.com/2018/02/28/opinion/corporate-america-suppressing-wages.html https://www.nytimes.com/2018/02/28/opinion/corporate-america... [3] https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V