Originally Posted by
SoSmellyAir
1. The issue is that those in the USA who are not relatively high-skilled workers using most sophisticated capital equipment to produce more highly-valued goods or services are increasingly left behind.
2. No one is willing to admit that #1 is inevitable to a certain extent. Add those who are willing to foment dissatisfaction for political gains, plus those who are willing to make political decisions that make everyone worse off such that they are comparatively less worse off, and we are where we are at.
I agree on both counts… it is extraordinarily clear from the data that the lions share of productivity (and hence income) gains since 1970 have been going to the capitalist class and not to the workers.