Re:Americans are spending less on clothing
by jcranmer on Wednesday February 07, 2018 @12:05PM
(#16325961)
The non-wage benefit that's increasing the fastest is probably health care benefits, which is likely mostly captured by the middle class, not high net worth individuals.
Re:Americans are spending less on clothing
by coliveira on Wednesday February 07, 2018 @01:47PM
(#16326949)
This is a benefit that cannot be accessed as disposable income, so we are back to square one. It is just a transfer of wealth from most companies to the health care sector, masked as a benefit to workers.
This is codeword to say that gains are going to people of high net worth. Most of the population still survives on wages (excepts for the ones out of work). So what you're saying doesn't disprove the fact that for most people income is going down, adjusted for inflation and for costs that don't appear on inflation statistics (housing, health care).