That’s a pretty alarming graph but makes sense. I personally think that gap is driven by the stock market and how much of a joke it has become. Executives make decisions based on what they think will make investors happy and raise the stock price. There is no longer much give a damn about employees. I roll my eyes every time I see an article where employers are complaining about not being able to find workers. I sit there and think “have you considered raising pay? That’s kinda how this whole capitalism thing works. Maybe train some folks up instead of expecting everyone to magically have 5-10 years experience.”YoBenny wrote:These two have to parallel each other, hopefully moving upward, for the economy to thrive and the quality of life to improve for the next generation. That has not been happening for a long long time. This is what trickle down economics actually looks like. The rich get richer, the lower and middle class are consumed with annual inflationary rates, making life actually get worse for them.
At my previous employer (an S corporation engineering company) I was the last American engineer they hired before they began outsourcing to Central America. Those guys could do it for 1/3 of the cost of an American. We were turned into glorified project managers. I hope outsourcing of American jobs is something that Trump (or Congress, LOL) will address.
