In America as your productivity increases, your wages decrease

Commentary | April 1, 2012 | By John Burbank | Sky Valley Chronicle

It is a weird world we live in. Productivity - the added value that each worker creates at his or her job - has doubled overall since 1973. Corporate profits per unit of value added have quadrupled. You can do the math - productivity increases two times and profits increase by four times, so where does the money come from? It comes from workers.

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