14 lines
812 B
JSON
14 lines
812 B
JSON
{
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"HubID": "5135",
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"Date": "2/15/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5135__Image_URL.jpg",
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"Summary": "<p>There is a lot in this chart, which shows wages to GDP and demonstrates a long slide that started in the 1970's. What has caused this? Many things:</p><p> 1. We globalized and sent manufacturing abroad.</p><p>2. We saw increased productivity through technology advances, where we can do more with less labor. </p><p>3. We financialized our economy, where the financial sector has become a larger share of GDP</p><p>4. Corporate earnings as a share of GDP has steadily increased, which benefits shareholders more than labor. </p><p>5. Wages have not kept pace with inflation. </p>",
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"Notes": ""
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} |