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Politics : The Trump Presidency
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To: zzpat who wrote (32203)9/2/2017 5:33:37 PM
From: TimF  Read Replies (1) of 361858
 
Normally wages go up when companies have no choice but to pay more because of market conditions, or at least the circumstances are such that they can get a clear benefit by paying more (better retention, able to recruit better employees etc.).

CEOs can't significantly suppress wages, they have to pay what the market demands. In the past they were not generous to any strong extent going beyond that. They paid what they had to then, and they pay what they have to now.

Each year workers made less money after their incomes were adjusted for inflation.

Compensation for employees has generally gone up not down.
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