[peisistratos]

> Meanwhile, the overall job market is fine...

In constant (inflation-adjusted) dollars, according to the US government's Bureau of Labor statistics, current earnings for production, nonsupervisory employees on private non farm payrolls is $23.65, in constant inflation-adjusted 1983 dollars for September 2019.

In February 1973 that was $23.33 an hour. Almost a half century of economic growth, in a good economy, and workers are making only 32 cents more an hour than they did 46 years ago.

If pundits were describing wages in the Soviet Union, this would be called 46 years of stagnation and so forth. Whereas we have someone from the Bill Gates funded corporation Slate telling us "the overall job market is fine" and other niceties.

[foogazi]

Wondering aloud if there are any studies that figure out how much these workers should be earning proportional to the productivity increases in the last 40 years?

What is the “cut” workers can expect from their output charted through the last century - this number must exist