RE: American workers' wages stagnant, even in a great economy: why?
August 13, 2018 at 5:42 pm
(This post was last modified: August 13, 2018 at 5:43 pm by Anomalocaris.)
(August 13, 2018 at 2:57 pm)alpha male Wrote: Should a worker get more simply because the overall economy grew?
Or, should a worker get more because his individual output grew?
I'm all for taxing the 1% in order to reduce the deficit, but really, the people in the 1% tend to be the innovators who produce wealth.
A worker should get more when his firm’s earnings percapita grew. If the firm’s earning per capital grew, that means productivity per capita grew.
Remember, Jesus will convert all the earning growth that didn’t translate into wage growth, convert it into sulfur and shove it up your ass when you meet him, just because he could.