US Construction worker productivity has dropped 40% in the last 50 years

Re:US Construction worker productivity has dropped 40% in th... by vkou on Monday January 23, 2023 @01:40PM (#34493040)

> All expenses have grown faster than wages, or wages have not kept up with inflation

Your expense is someone else's wage + a capitalist's profit margin.

Expenses across the entire economy can only outgrow wages if someone's taking a bigger slice of profit off the top.

When we talk about inflation, we always conflate the two, as if they are the same thing. They are not.

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Re:US Construction worker productivity has dropped 40% in th... by brewdad on Monday January 23, 2023 @02:07PM (#34493428)

> Expenses across the entire economy can only outgrow wages if someone's taking a bigger slice of profit off the top.

Have you paid attention to the Delta between executive pay and that of general labor over the past 4 decades? This is exactly what has been happening.

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