Loading ...Gasoline futures $2.15 to $1.60 in a month?? Gold $1240 to $1212 in 6 days??? And their Media keeps cheerleading a roaring booming man made artificial economy, and they claim they are puzzled about the stagnant wages.
As if supply and demand of labor should drive wages higher. Are they really that stupid? Or just lying. Half the jobs created are welfare jobs that cost other people money, and get nothing in return. Wealth absorbing jobs, not wealth creating jobs.
Back in the 1970s TPTB media complained about expensive labor and expensive materials. During the ‘80s and ‘90s they succeeded in getting cheaper labor and materials. From 2001 to around 2012 2014 they engineered higher materials, but not higher wages.
Probably because TPTB are involved in investing making and selling materials. Now they have a special interest in higher wages because low wages can’t afford their STUFF and or taxes.
Another wild card problem for the master planners, is this reversal of globalization that started. The “transition” is going to be very unpredictable as we can already see. Strange things happening.