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by astrange
754 days ago
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The median US household income has increased significantly above inflation in the last few years and the lowest-income households have done significantly better than that because we reached "full employment" and that allows more job changes. The largest price issue left is housing costs and that has nothing to do with "corporate profits", it's about bad land use regulations. (Another funny thing about the "ever increasing corporate profits" argument is that it's literally anti-Marxist, as Marxism says the problem with capitalism is its profits continually /decline/ due to over-production.) |
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