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> Productivity and wages broke lockstep in the 70s, wage growth has lagged employment growth to an unprecedented degree since 2009 I certainly believe this on
by padobson 8y ago
> Productivity and wages broke lockstep in the 70s, wage growth has lagged employment growth to an unprecedented degree since 2009
I certainly believe this on a national scale, but I've never seen these stats properly adjusted for globalization. A billion people were lifted out of poverty in the time period mentioned. It doesn't seem to me that these traditional indicators are wrong, they've just been corrected for a global marketplace.