Is this the reason why shit never seems to get better?

BTW even the Jews lie about this to themselves. They think they are superior in productivity but when they realize they have destroyed their ally's independence they lie to themselves

Not what I said leaf.

"Real earnings" in this graph are actually hourly wages. The only reason the 2 plots deviate is because compensation moved to healthcare, retirement and other benefits. If you compare total compensation to hours worked it follows productivity almost perfectly. Fuck off with your purposely misleading graph

The 70's were when mass immigration began to be pushed. From then on the government had the power to import new labourers at will; so the price of labour never increases even as demand increases.

This is exactly why.

Autarky and closed borders now!

Yes. Massive immigration.

I'm not just being Trumpian here. It is seriously the problem. Labor is a commodity just like anything else. If you need titanium and titanium is hard to get then you pay more for it. If it's a common metal then you pay less. It's no different for labor. When a million immigrants come in every year, it keeps wages down, particularly at the low end. Minimum wage has not been keeping up because there are too many minimum wage workers available for all the jobs.

SOME careers have been seeing wages go up but those are the ones immigrants can't do (usually due to lack of education but security clearance jobs are hot too).

If you want wages to go up, we need to put some brakes on how much new work force we allow in every year.

It'll trickle down! Be patient!

This. Also, prices on most goods have gone down. There's more to the situation than just the one chart in OP. Taxes are another factor. Along with women entering the workforce. These charts and numbers can become irrelevant quickly if not given proper context.

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fake money

Actually, that's true too, in a global economy.

Trickle down has been working extremely well. It trickles down to the bottom, though, and that's China and India and other shit-world nations. They have benefited hugely from trickle down economics. Trickle down doesn't readily benefit the middle though, which is where we are.

Except stagnation in wage growth has been a feature of all western countries over the same time. Do you think British and Australian workers are getting American style employer healthcare arrangements? They're not.

This is the truth, and it explains why the phenomenon has been repeated in all western countries.

this is one of the most interesting and important graphs for understanding the world and trying to predict the future

why this happened is a mystery though. I think a billion asians got out of the rice fields and into cities at the expense of the middle classes of US and Europe. That is the gut feeling I don't know what the precise economic mechanism was.

>The 70's were when mass immigration began to be pushed. From then on the government had the power to import new labourers at will; so the price of labour never increases even as demand increases.

This + more women entering the work force.

When cunts entered the work force en masse and the country started getting flooded with beaners, niggers, and chinks there was no reason to increase the wages for labor since you could just import another ten thousand shitskins to do the work for less than a living wage.

That's why labor unions USED to be anti-immigration, up until the Democrat party got 100% taken over by open borders kikes.

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"It's a mystery!"
>lets in millions of immigrants
"Who knows what could be causing this?"
>lets in millions of refugees
"It's like there's a surplus of labor or something?"
>opens the borders
"I guess we'll never know."

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>Do you think British and Australian workers are getting American style employer healthcare arrangements?
Healthcare no. Retirement benefits yes

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yes, all the wealth from productivity gains have gone to executive earnings growth

Hmmm I wonder why

immigration.procon.org/view.resource.php?resourceID=000844

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I'm pretty sure its what the other person said. Women and illegal + increased immigration caused employers not to have to pay better wages because supply and demand.

it's because women joined the work force you retarded nigger. Jobs pay less now because of the invention of the dual income household.

Oh yes and the millions of immigrants have nothing to do with it. Okay, leaf. Don't let us interrupt your moose fucking.

I feel like I should add why (((they))) push OP's image so much. The financial elite are paid in stock and stock dividends which are taxed at the 15% capitol gains tax rate. Raising taxes on the highest "income" brackets has no affect on them, and it provides more money to the governments in their control. Basically people will take OP's image at face value and blame the top 1% of "income earners" instead of actually understanding what is being shown.

>The data ends in 2008
That's an interesting end point, I wonder why the authors chose to end thier analysis in that year...
Its not clear where that chart comes from, but if it's Australia; it isnt comforting to know that wage growth raises with productivity, because productivity per capita here hasn't been rising either.
Flat wage growth is a well known issue in Australia and like most other western nations there is a pipeline of immigrants being imported at the exact rate of labour demand increase.

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came here to post this

that or the data is from 2008

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That's when women entered the work force, followed by large-scale immigration, followed by automation.

It's just an older graph from the Heritage Foundation based on Dept of Labor info, adjusted for inflation. Wage growth is flat, I'm not denying that, total compensation per hour worked after other benefits has followed productivity almost perfectly. I'll admit I'm not an expert on other countries economies but it seems like a similar situation.

90s immigration boom correlated with NAFTA

But goy, it's just gonna trickle down to you! Just keep on waitin goyim, surely anyday now these billions are gonna trickle down! Meanwhile goy, would you mind supporting another tax cut bill for us? We need you to help us create more wealth that will trickle down to you! The corporate tax rate is simply too high goyim, don't worry, we'll throw you in a paltry 0.5% tax cut too!

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Ok so you chose to give me 10 year old data. Thank you. If you can wait while I dig it up I can offer you some 10 year old analysis on why subprime mortgages are totally not a problem, as well as some debate footage of Barak Obama in the 2012 debates implying that Russia wasn't a forgein policy challenge.

This is the most important economic chart available.
Should not a democratic civilization serve the common interests of its people?
And should that not be shared prosperity?
We must have a market economy, no other kind has ever worked.
But it must serve the common interests of all. Doesn’t have to. Roman society was clearly about the 1% and everyone else being rendered basically a slave.
It is no accident that today’s leftist elites talk about how we are not a democracy, but are an empire. They give zero fucks about the 80% of the country that is not seeing benefits from prosperity. Only recently seeing those benefits.
Manipulate and distract the masses with victimization, identity politics, porn and fantasy all the while pillaging the wealth and consolidating power. Feign concern and virtue signal to assuage their guilt and convince the feeble minded that they are forces of good.

When you see a subhuman post like above, you just can't HELP but put it in its place.

hey subhuman moron. 50% of your population was given the right to work, millions of immigrants are nothing in comparison.

Because people like you spend your time on the internet bitching about things not getting better instead of actually fucking busting ass to get to the "better".

Thank me later for the PppppppPPPPPRotip

-You rich ass Jow Forums friendo.

I didn't give you shit nigger

להרוג את כל המוסלמים

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This is the real reson. Inequality is a cause and feature of collapsing societies, but there is more to it.

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on Jow Forums you can be anything

I invented the dab bro

Quality of life improves on the same wages.

Great advice
It has shit to do with wage trends though
Pro tip - educate yourself.

jews.

jews are the reason, you imbecile.

What the hell happened in the 60s?

Literally EVERYTHING began to turn to shit after that decade wtf

Ok then, go back to my last post and find where I said "you" in the first sentence, go and replace that with "he". Then after you've read the edited post decide if you have anything useful to add to the thread, and if you don't, stop replying to my posts with single lines of garbage.

Of all the things you decided to be a chimp?

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so you want me to proofread your posts now?

notice how it all started downhill for the middle class with Reagan's war on the New Deal, ending up with the Third Republican Great Depression 30 years later

Capitalism does work but it does not solve the wealth distribution problem. We have one of the most divided wealth gaps in human history. All these kikes and other elitists.

The is a marxist derived UN endorsed shit graph.
If you believe it you are an NPC on steroids.
The reality based projection of the interactions of these variable would be informative and instructive. This is not that.
Although the ongoing genetic decline in intelligence might actually result in something similar. But “limits to growth due to lack of resources is marxist bullshit.

the rich always want more, FDR's New Deal tried to rebalance it, then Reagan repealed that and sold the suckers on trickle down bs and tax cuts create jobs Big Lie

>what happened?
Probably globalization
Abundant and cheap labor
Threw the supply and demand out of wack
Destroyed wages in industrialized nations
Globalization is generally good. A couple of billion people on this planet have benefitted
But North American and European working class has suffered.
Trump is trying to bring it back into balance. Its continuation is inevitable, but some balance needs to be restored

I feel this graph shows the biggest problem of our time. All the other issues we focus on stem from this bullshit. Elitists treat us like cattle while they distract us with fast food and Netflix. We are slaves

Yes, I’m sure that’s the reason the wages have stagnated. Really profound insights there. What does being rich have to do with understanding the ficking economy? I’m tired of this fucking lie. My parents are rich and they don’t know shit about the economy. The fact that they built a successful company doesn’t make them experts on the fucking economy.

The irony being we have to vote Republican to change the trajectory of the graff because it is the elitist left that wants the slave labor of immigration. Actually both sides do. Only Trump is concerned about this graph.

>Women joining the work force in the 60s
>Immigration and Nationality Act of 1965
>Computer automation boom in the 70s and beyond

trump is just another trickle down know nothing economic ignoramus, the tax scam just passed was a pure giveaway with no jobs or anything for middle class. FDR's New Deal was the only thing that ever bent the curve

no, things don't get better because you, as a specie, are arrogant, and ignorant.

huh, wonder what happened?

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My almonds: Activated