My previous post was poorly worded. Technology has automated so many jobs that the oversaturated labor pool means wages are dipping. Cheaper goods don't mean much when you can't afford a house or car. Meanwhile, the investors are reaping the benefits of this efficiency with insane returns, and the CEOs are running off with millions. When we're living in the richest country in the world with a GDP per capita of over $50k, the idea that there are those unemployed or making $8k/yr while others are making millions or billions per year is ridiculous.