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zer0nym
npub1zer…frtn
2023-09-15 22:52:15

zer0nym on Nostr: ...

Real wages of American workers grew steadily, achieving a broad-based prosperity for America that was unprecedented in human history until 1971 when real wages stopped growing.

While the overall economy continued to grow, the share of economic growth going to average workers began to shrink and went sideways.

So, WTF happened in 1971 and why?
Author Public Key
npub1zer0nym03fp5vdssuc8m4sgpfejqsg4qm4m0nafq2jzahl5jmtjshvfrtn