Comment on The billionaires and politicians did it
stebo02@lemmy.dbzer0.com 3 weeks agosomeone remind me what happened in the 70s
WalnutLum@lemmy.ml 3 weeks ago
Zink@programming.dev 3 weeks ago
I can only answer your question with a question: wtfhappenedin1971.com
It’s crazy seeing how old the graphs on that site are now.
AFKBRBChocolate@lemmy.world 3 weeks ago
As I understand it, it’s the effect of a number of policy decisions intended in the surface to stabilize the economy. They stopped approving minimum wage hikes, they accepted a higher rate of unemployment due to factory automation, etc. Also, the difference between worker and executive compensation has grown tremendously. image