4 ms·
This is NOT true. First of all, you're limiting your analysis to just the US. For the world as a whole, wages have grown more over the last 30 years than in any
by CryptoPunk 5y ago
This is NOT true. First of all, you're limiting your analysis to just the US. For the world as a whole, wages have grown more over the last 30 years than in any other period in human history:
https://www.csmonitor.com/World/2016/0207/Progress-in-the-global-war-on-poverty https://www.csmonitor.com/World/2016/0207/Progress-in-the-gl...
Second, the primary cause of the slowdown in wage growth in the US is a slowdown in productivity growth:
https://www.brookings.edu/opinions/sources-of-real-wage-stagnation/ https://www.brookings.edu/opinions/sources-of-real-wage-stag...