The average American worker is producing 74% more value at work, but our wages have only gone up 9%.
We‘re fighting for everyday people to keep more of the 💰 we create.
Bc no one should be paid so little they need food stamps to work a FT, 40hr/week job.theatlantic.com/business/archi
Conversation
Replying to
Maybe you need to revisit your chart and use 2014 - 2018 theses two line have now flipped - Don't you just love it- Socialist have to Dig deep to Try to convince people in to there point of view- I do applaud you for trying🤗
2
Show replies
Replying to
That’s a very misleading chart. Not all worker hours have increased in productivity or by that much. There are factories that produce more and there are service workers that aren’t doing much more than they did before.
1
Replying to
Instead of reading the highlights in this article, you should've actually read the entire article. It makes everything you posted a moot point. SMH. PLEASE! Debate me on any topic. I'm not a politician. I am just a CEO of a small corporation. BTW, McDonald's isn't a career!
1
1
Replying to
I believe her stance is that a person working at McDonald should be able to support a family on the wages... now the law of unintended consequences would dictate prices would rise and McDonalds feeds millions of working class families who would now be priced out....
1
1
Replying to
How do you determine that? If I am a sole supporter of a family of four and work an entry level job how much should my employer be forced to pay me?
Replying to
Increase in productivity is from robotics, computers, etc. and not individuals. Did you get this slide from one of your economics classes lol.
Replying to
Great point, wages for the avg worker have been flat since 70’s. Root cause, it’s a supply and demand issue. As the supply of illegal immigrants has increased, the number of workers competing for jobs has driven demand for workers down, thus wages. Corps and Big Business win.
1
Replying to
While I applaud your efforts to reduce inequality, this graph is flawed. Real output & real wages are measured using prices for different baskets of goods. Once they are measured using the same set of prices/goods, the wage-output gap reduces dramatically: piie.com/blogs/realtime
1
Replying to
The takeaway msg from the policy brief is that major items in the Consumer Price Index, used to deflate real wages, include housing, healthcare & education which have increased in price faster than the rest of the economy. Efforts like Medicare for All will help with this problem