Economic activity, ie. labor productivity has increased 252.9% since 1950, but pay has only increased 115.6%[1].
The wealthy and especially the very wealthy have prospered[2], and those doing manual labor have been left behind. In a society like the US with very low social mobility[3], colloquially referred to as 'the american dream', it is especially crippling to ones future to be born in blue collar family.
You've been posting this link all over the thread. Reddit posts exist somewhere on the credibility continuum between facebook posts and some random person's blog.
The wealthy and especially the very wealthy have prospered[2], and those doing manual labor have been left behind. In a society like the US with very low social mobility[3], colloquially referred to as 'the american dream', it is especially crippling to ones future to be born in blue collar family.
[1] https://www.epi.org/productivity-pay-gap/
[2] https://www.epi.org/publication/decades-of-rising-economic-i...
[3] https://en.wikipedia.org/wiki/Global_Social_Mobility_Index