The article text does not really support the headline > By last year, the poorest 10% were still earning only a miserly 4.1% more per hour than they did (in real wages) 40 years ago. Median hourly pay for America’s workers was up a little more, by 14%. With exactly 40 years ago being in the midst of a wage downturn. Go back a little more and real hourly wages have fallen for both groups, despite GDP etc. booming for…
what really puts the cherry on top is that a market crash is expected soon, with much less ability to cushion it than last time. guess what market crashes due to median wages? very bad things! and the people who own lots of capital will see their fortunes recover soon enough as everyone else is cleaned out. so things look very tentatively positive now and will be very bleak in a couple years.