Posts Tagged ‘Wages’

August 14th, 2018 - 11:36 am § in Misc.

Labor’s shrinking share of GDP, 1947-2016

The U.S. economy has grown over the last half-century, but most of the gains have gone to the top 10%, and inflation-adjusted wages have been stagnant since 1970. Back then, labor got about 60%, and capital 40%, of what the economy produced. Today, those figures are reversed. This trend has gone han[...]

July 11th, 2018 - 6:18 pm § in America


What costs more, what costs less   (Click here for source, and here for interpretation assistance)[...]