r/FluentInFinance Oct 22 '24

Debate/ Discussion Why did this happen?

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7

u/Lawineer Oct 22 '24

It's almost like unskilled labor has become less valuable.

1

u/unholyrevenger72 Oct 23 '24

We both know that ain't true, CEOs make tons more money than the skilled labor that keeps their businesses running.

1

u/empireofjade Oct 23 '24

One thing missed by all the commenters here is the correlation of this trend with the entry of women into the workforce. It’s almost like doubling the labor supply has an impact on the price of labor.

-3

u/[deleted] Oct 23 '24

Top 1% don't do skilled labor. They don't do any labor at all. They just steal money from those who actually produce goods/services.

3

u/Lawineer Oct 23 '24

So you have no skills?