2 ms·
> because workers didn't Do you mean immediately? At peak inflation wages weren't keeping pace, but wage growth is exceeding inflation right now to catch back
by randomdata 2y ago
> because workers didn't
Do you mean immediately? At peak inflation wages weren't keeping pace, but wage growth is exceeding inflation right now to catch back up.
Incomes have been, on average, stagnant for hundreds of years – as far back as the data goes. It is unlikely that this time will be different.
> I hope eventually there's a tipping point where the powers that be
You did mention the US. Presumably you're not talking about a dictatorship. The powers that be are the population at large. I'm sure they are acutely aware of this. They have to live it, after all.