US EditionWorker Productivity and Worker Pay Are Almost 100% Correlated
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Worker Productivity and Worker Pay Are Almost 100% Correlated
One of the widely-repeated claims of the Natcons is that workers have made no gains in the last 30 years and that all the returns have gone into greedy corporate profits. This chart, from AEI economist Scott Winship, blows that fallacy out of the water and shows visually a point we have made in recent days in the HOTLINE: total compensation to workers continues to rise and in nearly exact lockstep with productivity. Amazingly, worker compensatio…
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