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by smallmancontrov 24 days ago
Income Statements didn't change in the 70s.
1 comments

Not sure what you're talking about. Whose income statement? And why would that matter, in reference to what I said?
We were talking about the 1970 inflection point in wages vs productivity. The inability of line workers to understand corporate finance does not seem to be a likely explanation for the 1970 inflection because it did not inflect in 1970.
I... guess you're saying, simply, that there was no inflection point. Fair enough I guess, but my comments need not be date specific.