Jow Forums will defend this and never retire

So what happened during the mid 70s?

that gap represents increases in productivity due to technology where as before productivity mostly expanded by adding workers

> something happened in the mid 70s

Yeah, the chart literally says the data was indexed relative to 1970.

The Y axis has no units. I have not idea what the hell they mean by productivity.

Republicans happened. They are greedy as fuck.

>Wanting to retire.
Ey I plan on bein a dock worker till I die ya fuckin fairy, easiest job in the world, you sit around, tell pussy jokes with your friends, move some rich shits stuff, get paid good, and you got plenty of the benifits

t. retarded communist

en.wikipedia.org/wiki/Nixon_shock

en.wikipedia.org/wiki/Immigration_and_Nationality_Act_of_1965

>do you even know what "communism" is
>the wealth is distributed from rich to poor in communism.
no. in communism the wealth is not distributed from anybody to anybody, you dumb english reject criminal.

communism is the rejection of private property you literal brainlet manlet nigger fucking faggot.

in 70s total government sponsored corporate take over of private business happened, which saw small companies bought out by large (government)conglomerates, such as GE, IBM, CocaCola, MIC, Electric Grid Corps, Monsanto, BigPharma Corps etc etc, with the rest of small private business being taken down by regulations, licensing barriers and the rest of pro-fed legislature.

you literally have no idea wtf you're talking about you retard. you better KYS in 3...2...1 (don't forget to video and post your suicide faggot for the lulz)

lol no, it was the break down of labor unions.

When they convinced the people that labor unions were the reason their jobs were being exported to Mexico and Nippon.

The purpose of central banking is to skim productivity gains to the banksters.

>muh trickle down
Nice strawman. Learn that you get paid more for doing less meaningful work.

You don't know how free market and business work everything is as good as can be don't be a socialist remember Venezuela

peak oil

Holy fucking shit how can people be this retarded. Imagine someone actually believing this.

Just focus on the politics of your own irrelevant country

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is this post unironic????

Women's lib happened and the nucelar family began deteriorated

I can't relate. my financial advisor has told me I shouldn't have any trouble retiring at 48

>people win if they make more money than the interest on their debt
It's pretty easy user.

Alex, I'll take "supply side economics" for 200.

Under rated post. One of the biggest red pills. This is what you should be pushing to the normies.

You can earn wealth, if you have the right (((connections))).
Almost all modern plutocrats today became wealthy through favorable government contracts, or by inheriting wealth from people who got favorable government contracts. The Rothschilds are the most famous version, having got easy access to British gov't debt and growing rich off the interest ever since.

What happened was the end of Bretton Woods and the last vestiges of the gold standard, funny how everything went to complete shit from there on out

Actually Nixon ending bretton woods in 1971. That turned USA into a creditor nation that only benefits the FIRE sector. Set the stage for globalism and deindustrialization of America.

The counter arguement that benefits make up for the stagnant wages is bullshit. The amount of pensions that were in effect back then compared to now is insane. I’d take a pension over shitty health insurance anyday of the week.

>posting pictures that have been debunked for the 6 millionth time

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The more common argument is that the price of goods has fallen. But this is only true for certain things mass produced in china like electronics or clothing. But cost of real estate and rents have gone up. Cost of food has gone up.

@203548157
>meme flag thinks anybody cares what he has to say
doesn't even deserve a you. you're part of the problem

>gold standard abolished
>jewish central banks start printing money
>something happened
big mystery

Yea I hear that one too. But it’s much easier to call it out as bullshit such as the rising housing costs, essentials and medical treatment like you did.
I’m pretty free market, but you have to be willfully ignorant to think consumer purchasing power has even closely kept pace with anything.

>productivity is a quantifiable number
>no dip in 1994 when DooM LAN games were sweeping offices nation-wide
>no dip in the advent of myspace & facebook

Sometimes
All you need is
Green vegetables and
Exercise

This. The more centralized money got, the more inequality.
Taxing people isn't the way to fix this either. Rich people need incentives to spend their money on the bottom, instead of keeping it all in their pockets. The only thing taxing will do, is make rich people take their money elsewhere where they aren't taxed as much.

Jow Forums doesn't defend this this is about the end of the wasp elites and the jew takeover. Also Hart–Celler Act among other things

This and the dawn of the CIA niggers.

worst is they're proud of it, wagecuck your ass off and you'll one day make it like a good submissive goy while youre at it go into debt and spend money on our useless garbage, the money will trickle down we promise.

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I was going to make this point. Also that’s when Nixon took us off the gold standard internationally