Quote:
Originally Posted by ThermionicScott
By what measure is our economy "struggling"? The stock market is at record highs, unemployment is at record lows...
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We have had a form of stagflation going on since 2001.
Expanding employment comes because of lower overall pay per unit.
Aka we (the 98%) work more but earn less compared to inflation.
Job growth comes at the cost of less per unit pay, so the working class pot isn't growing.
I expect this trend to continue unless we shore up oversupply