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When were times all that good? The stock market was doing well, but I don't remember seeing great comments about wages until this year.
by xapata 5y ago
When were times all that good? The stock market was doing well, but I don't remember seeing great comments about wages until this year.
- seanmcdirmid 5y agoSupposedly we were booking a few years ago but still need low interest rates to juice the economy. But you might be right, we might not have ever recovered from 2008 and have just been running off low interest rates since then. If that’s the case, we are most definitely screwed.
- xapata 5y agoReal wages have been stagnant or declining for most professions since the 70s. Coincidentally, interest rates have been declining over the same period. Could it be that as capital becomes cheaper, companies are less willing to pay for labor? :thinking: