Who cares if the economy is growing if the only people benefitting from it are the ones most insulated from economic shocks?
None of these measures are relevant to 99% of people because labor share of productivity continues decreasing
Until labor share of growth is rebalanced [1] nothing will change for most people and the vast majority will continue to have no power to escape this feast-famine cycle.
None of these measures are relevant to 99% of people because labor share of productivity continues decreasing
Until labor share of growth is rebalanced [1] nothing will change for most people and the vast majority will continue to have no power to escape this feast-famine cycle.
[1] https://www.epi.org/productivity-pay-gap/