RTs. Former (recovering) musician. He/Him/His Excellency
While I agree, Corp America switched to oil & gas model. While you make more, you are also unemployed longer between cycles, hence the question “how much more are you really making?”
The 6.8% increase in median household income last year was the highest on record and about 10X the average increase of 0.72% since 1968.pic.twitter.com/R3t1vZeULe
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That's exciting. I do watch this stat closely. Do you happen to know that increase compares to increases in productivity and corporate profits?
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I'd like to hear an explanation from an economist without a political axe to grind.
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