RE: American workers' wages stagnant, even in a great economy: why?
August 13, 2018 at 7:15 pm
(This post was last modified: August 13, 2018 at 7:23 pm by bennyboy.)
@OP
I'm pretty sure it's because the economy is measured in GDP, and most of it is going to the rich. They talk about job numbers-- but people off the street with a "job" and people actually following a path with any opportunity for prosperity are a very different thing. I mean, a job in 7/11 is still a job, but making a million more of those isn't really a boon to the working man.
As for how to solve this: rich fucks don't actually DO anything without willing workers. If people become so fed up with the inequity that they will refuse to work, the wages will spike overnight.
The problem is that people have kids before they save money, that they compete with each other (for example, by both members in a family working full time or even overtime), and in general do almost everything a person could possibly do to drive wages DOWN. They must do this because of POOR LIFE PLANNING which is endemic among the working class, and which leaves them absolutely no strength upon which to negotiate.
There's really no getting over supply and demand, and with increased efficiency, demand is down.
I'm pretty sure it's because the economy is measured in GDP, and most of it is going to the rich. They talk about job numbers-- but people off the street with a "job" and people actually following a path with any opportunity for prosperity are a very different thing. I mean, a job in 7/11 is still a job, but making a million more of those isn't really a boon to the working man.
As for how to solve this: rich fucks don't actually DO anything without willing workers. If people become so fed up with the inequity that they will refuse to work, the wages will spike overnight.
The problem is that people have kids before they save money, that they compete with each other (for example, by both members in a family working full time or even overtime), and in general do almost everything a person could possibly do to drive wages DOWN. They must do this because of POOR LIFE PLANNING which is endemic among the working class, and which leaves them absolutely no strength upon which to negotiate.
There's really no getting over supply and demand, and with increased efficiency, demand is down.
