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YoMomma ·
It goes up because of expense.. it cost more for fuel so it cost more to transport it.. wage rate goes up so it cost more to pay the employees.. it cost more to make the stuff and acquire the stuff to make the stuff so the price goes up all around so they have to rase the prices to make money
Ferise1 · 46-50, M
@YoMomma The Wage-Productivity Gap
Historical Context: Following World War II, worker pay and productivity grew at a similar rate.
The Divergence: Since around 1973, this link has broken, with productivity increasing significantly while the pay of a typical worker lagged far behind.
Consequences: This means workers are producing more value per hour but aren't receiving a proportionally larger share of it in their paychecks and benefits.
Meanwhile, there are a lot more billionaires 🙄
Historical Context: Following World War II, worker pay and productivity grew at a similar rate.
The Divergence: Since around 1973, this link has broken, with productivity increasing significantly while the pay of a typical worker lagged far behind.
Consequences: This means workers are producing more value per hour but aren't receiving a proportionally larger share of it in their paychecks and benefits.
Meanwhile, there are a lot more billionaires 🙄