Manufacturing labor is at record lows vs. output - that's economic heaven. Once upon a time, 98% of Americans were involved in agriculture, most on a subsistence basis. Today <2% feed the US and a good chunk of the rest of the world. Americans work fewer hours to obtain the goods and service they went than did people 50, 100 or 150 years ago.
All wages are debased by inflation, from the janitor to the CEO...
Manufacturing labor is at record lows vs. output - that's economic heaven. Once upon a time, 98% of Americans were involved in agriculture, most on a subsistence basis. Today <2% feed the US and a good chunk of the rest of the world. Americans work fewer hours to obtain the goods and service they went than did people 50, 100 or 150 years ago.
All wages are debased by inflation, from the janitor to the CEO...