US wages plummet to 43% of national income — lowest since the Great Depression.

https://finance.yahoo.com/economy/articles/us-wages-plummet-43-national-104500200.html

48 points · 3 comments · view on lemmy.world

3 Comments

socphoenix@lemmy.world · 13 pts · 19h (2 replies)

Ah yes, wages are down because of moving away from the gold standard. It certainly has nothing to do with the death of unions in this country, de-regulation, or offshoring jobs.

Raiderkev@lemmy.world · 0 pts · 13h (1 reply)

chuckleslord@lemmy.world · 2 pts · 8h

Nope. Doesn't even make sense. Gold standard wouldn't fix income inequality, that's like saying changing your house's plumbing will fix your diarrhea. It's something else entirely.