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But it’s a skewed picture of the actuality, which that those wage gains didn’t make up for the 40 years of stagnation preceding it. If wage gains kept pace wit
by no_wizard 2y ago
But it’s a skewed picture of the actuality, which that those wage gains didn’t make up for the 40 years of stagnation preceding it.
If wage gains kept pace with productivity gains it’d be a very different and vastly better economic story for the average American
- gruez 2y ago>which that those wage gains didn’t make up for the 40 years of stagnation preceding it. It stagnated in 2008-2016 but they still voted for obama, but when it finally started rising in 2016 they voted for trump?
- no_wizard 2y agoIt wasn't really rising in 2016. The flat wage growth lasted past 2020, with a relatively recent blip, but it has not meaningfully risen to outpace the stagnation that existed for decades. If wages increased with productivity increases we'd be in better shape overall as a society, but here we are.