Wages Fall to 43% of U.S. Gross Domestic Income, Lowest Since 1929

Posted by robtherobber 1 day ago

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Comments

Comment by testplzignore 1 day ago

This is ai slop from this slop from a few months ago: https://finance.yahoo.com/economy/articles/us-wages-plummet-...

Comment by ChrisArchitect 1 day ago

[dupe] https://news.ycombinator.com/item?id=50238884

Comment by java-man 1 day ago

... while companies post record profits. we all know what is happening.

Comment by gruez 1 day ago

>... while companies post record profits

that's almost a truism if you factor in inflation.

Comment by thibaut_barrere 1 day ago

They (from the cases I know at least) already posted record profits with a lower inflation rate.

Comment by gruez 1 day ago

That's not how inflation works? Even if inflation was "lower" (eg. 1%), prices are still going up.

Comment by parineum 1 day ago

It's inflation, right?

Comment by kelseyfrog 1 day ago

People are playing a wage strategy in a capitalist system and losing? What else did we expect?