Now, what common sense would suggest is the worker today, therefore being so much more productive, is earning much more money, right? Wrong. The truth is that Real inflation accounted for wages have gone down in many respects over that period. So almost all of the new income that resulted from that increased technology and worker productivity has gone to the top 1%. (18:48–18:56)
CLAIM
Asserts that real wages, adjusted for inflation, have decreased over time.
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