@themoderatecase: Not quite.

DanoldKenneth :

Ignore cost of living increases and your point almost works

nofa_indo :

is he AI? I am confused

patches :

Company’s clearly don’t pay there workers enough

Eric :

People are producing more but making less…

jonfitztv :

Low labor share means your purchasing power is lower. Shifting money out of workers' pockets and into capital reserves will reduce aggregate consumer spending. The wealthy don’t spend, they hoard.

Jonny Taco :

Im 53, I’ve been welding for 32 years. 27 of those years have been with the company I currently work for. I can confirm in my case, this has been the least rewarding time. Yep, I make more money every passing year while everything has gotten more expensive at a much higher rate. I’ve never been this broke

Kraftykrakka11 X :

median wages today are at an all time high

Baelin⚛️ :

This decrease can also be contributed mostly to statistical noise (incorrectness in the calculations)

jasonthompson545 :

So people feel poorer because their money has less purchasing power than our parents and grandparents all while those same things they were able to afford with less money than we make are far more expensive even adjusting for inflation to the point we can't afford it. That absolutely makes this the least rewarding time to have a job. You can buy less for more money, while your parents could buy more with less money. It's not fucking rocket science.

The persian banana :

if the total output goes up but wages stay the same or increase slower then the output then that is literally a loss for the workers 😭 in crayon terms imagine you make crayons. if you make 10 crayons in a hour and you get 20$ for your wage realtive to your output is much higher then someone who makes 40 crayons and gets payed 30$.

jexhimself :

Hmmmm yea im in nz i got no idea😭

Him :

It also doesn't account for income for small business owners that have "pass through" entities like S Corps or Partnerships. It also doesn't account for pay in the form of stock options or equity grants. Both of those things are vastly more common today than 30 years ago.

wõwżáą :

It's basic mathematics [Like][Big LOL]

Don_gato :

The_Prodigy45 :

Social media just needs gone. The staggering amount of people who lie purposely and deeply indoctrinated people we see should be example 1

user976478932 :

WRONG!!

bigbootynotjudybackup :

I work two hours a day five days a week and bring home 700 bucks a week.

Sam.MD :

The amount of dollars doesn't mean anything We've devalueing our currency for decades now

Jeremy mcjurkison :

you're missing the larger problem. a smaller percentage of a larger whole means everything is more expensive but spending power is lower. if labour share doesnt track with growth, thats poverty growth in action

ṀïḷḷïëṠṁööċḧïëṡ :

the propaganda is out here in full force 🫰🏻

Atereos :

This guy is such a corpo choke it's insane

scottyanoel333 :

He obviously doesn't know what he's talking about, minimum wage didn't get a raise throughout the entire decade of the 90s 🙄

jexhimself :

Aint that dude the introducing his girlfriend dude😭😭

￴ ￴ ￴￴ ￴ ￴ ￴ ￴ ￴ ￴ 𝔪𝔦𝔠𝔬 :

Always hated that dude

Mocker99 :

Are you going to debate @Ethan ?