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> Who'd imagine squeezing the middle class would backfire epically? Compensation hasn't reflected the GDP per capital increases for the majority of the workforc
by bpt3 12d ago
> Who'd imagine squeezing the middle class would backfire epically? Compensation hasn't reflected the GDP per capital increases for the majority of the workforce. I don't think even the productivity increases from personal computers in the end of the 1970's have trickled down.
Why would investments by employers result in higher compensation for employees?
That said, median real individual income has increased substantially since the 1970s: https://fred.stlouisfed.org/series/mepainusa672n https://fred.stlouisfed.org/series/mepainusa672n