What went wrong here?

What went wrong here?

Other urls found in this thread:

epi.org/publication/understanding-the-historic-divergence-between-productivity-and-a-typical-workers-pay-why-it-matters-and-why-its-real
twitter.com/NSFWRedditGif

jews

Easy, mass outsourcing to 3rd world countries. Why pay 5k usd a month when you can pay 50 to some slanty eyes bangladeshian

What a strange coincidence that it started right at the time the US started to allow Jewish people run companies and financial institutions and universities .

Ignore the meme answers: joos, womynz, central bankers.

No one really knows for sure.
Automation and the displacement of full employment policies might be the reason.

Women in the workplace. The supply of workers doubled while the demand for workers stayed the same, so now workers have to compete for jobs instead of companies competing for employees. The average worker has become far more replaceable, so they have no bargaining power in terms of wages anymore.

Automation, outsourcing, and cheaper labour.

Women started working, increasing the production but not the demand, effectively destroying the average persons economy, just to blame it all on white men.

A couple things caused this.. the rise of the computer and information technology in general, and the fact that companies started farming out labor to countries where it was cheaper. This could be used as a threat against unions, which started to lose their power beginning at this time. So, wages could effectively be controlled by the ownership class in corporations, and this started the horrible of era of CEOs making like 500x more than their workers. Globalization benefits the ownership class and top 1%, and screws everyone else.

basically this

Outsourcing and Automation

The jews and their tricks

Pretty much this.

Ultra capitalism and the war against Unions. Also Jewish control of the federal reserve and the rise of neoliberalism and selfish upper class yuppies in the cities.

Affirmative action, outsourcing production abroad

Fordism died because the left abandoned workers for homosexuals

South East Asia happened.

old Henry saw it coming

I'm sure the jews have nothing to do with this.

computers

Women working + unrestricted immigration + jews = death of wages and families.

Jews and vaginal jews.

Women working

>Women working
It's not so much women working, women have always worked. It's that they vote for bigger welfare state and then they take the useless jobs in that welfare state where they do nothing.

But at least the lemmings in support of globalization aren't racist!

Nixon took us off the gold standard

Leaving the Gold Standart
>The Nixon shock [1] was a series of economic measures undertaken by United States President Richard Nixon in 1971, the most significant of which was the unilateral cancellation of the direct international convertibility of the United States dollar to gold.

production and consumer price indexes started diverging

land lords and banks extract the extra money with monopoly land prices

Automation is the correct answer.

Quite likely, but almost impossible to prove.

No they havent in America, hes absolutely right. Its a combination of women entering the workforce and immigration policy

Women won't fight for higher wages therefore the wages get suppressed as they are cheaper to hire and men who want to get hired must compete with women who are much easier to exploit.

Also this: In 1970, Congress finally removed references to contraception from federal anti-obscenity laws; and in 1973, the Roe v. Wade decision legalized abortion during the first trimester of pregnancy.

It's the collapse of Christian family values.

Women joined the workforce. So basic supply and demand. It is the same reason corporations want to import millions of 3rd worlders. More profits, less overhead.

Short answer: socialism and forced globalization (globalism)

End of bretton woods system, allowing rampant currency speculation and abuse of inflationary policy.

Uhh, that was going on for hundreds of years dude. British empire was completely controlled by Jews.

Technological advancement has played a major role. It takes less labor to produce goods than ever, in my Econ classes they use the example of the labor that would go into making a cup of coffee from scratch vs a coffee machine. Pretty basic but gets the point across. Outsourcing, h1bs and the flood of illegals recently also has played a role.

The flood of illegals pales in comparison to the flood of legals that started in the late 60s. There was no imigration from 1920 to the 1960s, a big part of why that line moves up so steadily. Legal immigration is hurting your average worker much more than illegal

Valuing CEOs and managers more than individual workers. Basically simple income inequality.

epi.org/publication/understanding-the-historic-divergence-between-productivity-and-a-typical-workers-pay-why-it-matters-and-why-its-real

In 71 the gold standard was abandoned, and in 73 the oil crisis erupted. Can it have anything to do with it?

Went off the gold standard. And then they started fucking with the money. Also Boomers started taking charge of the economy. And nothing has more disastrous than Boomers in charge.

Female Baby boomers entered the job market and fucked the wages

CHYNA

>automation
>outsourcing
>jews
All incorrect. What actually happened was factory owners started realizing that people would work for fixed wages instead of by parts produced. Before, the incentive would be higher pay for more productivity, after that it was higher productivity to keep your job.