It's obvious to me the gains of our productivity is being siphoned up. The US economy is... very weird right now, and has been getting weird for a few decades. I wouldn't even consider the US a capitalist nation, what we have is something new.
Most companies don't do anything, most investors make money without putting in any labor, and money just... poof, appears. But not for us. Nothing really seems to make sense anymore.
Things that were trivial before, like having a receptionist to answer your phone, now seems economically impossible. And yet, our GDP continues to rise. We run companies with a tenth of the people we did before - everything is computerized, automated. But the wages are lower.
Most companies don't do anything, most investors make money without putting in any labor, and money just... poof, appears. But not for us. Nothing really seems to make sense anymore.
Things that were trivial before, like having a receptionist to answer your phone, now seems economically impossible. And yet, our GDP continues to rise. We run companies with a tenth of the people we did before - everything is computerized, automated. But the wages are lower.