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That link doesn't say the gains went to the top 0.1%. If you want a more accurate picture of that graph, many well respected authors have pointed out that it w
by ChrisLomont 7y ago
That link doesn't say the gains went to the top 0.1%.
If you want a more accurate picture of that graph, many well respected authors have pointed out that it was made using various mistakes, such as using different deflators for the time-series involved, not using total cost to employ which tracks cost of legislation and employer paid benefits, and other issues.
Here's one reply that computes the same data including these relevant factors.
https://www.heritage.org/jobs-and-labor/report/productivity-and-compensation-growing-together https://www.heritage.org/jobs-and-labor/report/productivity-...
- jdkee 7y agoThat is from the Heritage Foundation. Funded by the Koch brothers. Do better next time. https://www.nytimes.com/2018/06/20/magazine/trump-government-heritage-foundation-think-tank.html https://www.nytimes.com/2018/06/20/magazine/trump-government...