Salaries -and jobs to get said salaries- in the US are decreasing and becoming much more scarce relative to the amount of people who are cognizant of the necessity of having at least a middle class lifestyle and aiming to get ahead. Salary growth has been lagging housing and leisure costs for the past 20 years for all but the most fortunate.
Is the US done here or what?
Going way down for the bottom half of white collar office workers thanks to AI.Two more weeks
https://twitter.com/robinhanson/status/1637643551084367875
Robin Hanson at GMU....in Fairfax Virginia. That's the unconditional chance of becoming a victim of either violent or property crime of 1 in 56. That's not a successful society.
Salaries -and jobs to get said salaries- in the US are decreasing and becoming much more scarce relative to the amount of people who are cognizant of the necessity of having at least a middle class lifestyle and aiming to get ahead. Salary growth has been lagging housing and leisure costs for the past 20 years for all but the most fortunate.
Is the US done here or what?
Inequality has been increasing for a half century, genius.
Salaries -and jobs to get said salaries- in the US are decreasing and becoming much more scarce relative to the amount of people who are cognizant of the necessity of having at least a middle class lifestyle and aiming to get ahead. Salary growth has been lagging housing and leisure costs for the past 20 years for all but the most fortunate.
Is the US done here or what?Inequality has been increasing for a half century, genius.
so as soon as women entered the labor force salaries slowly approaching going down to 50% of what they used to if you aren't generating income from capital as an owner?
STEM salaries have exploded over the last 10 years. wth are you talking about.
starting salary of mechanical engineers is like 60kk, it was 50k a decade ago. Housing has doubled since then. You also realize how marginal tax brackets work? The last $ of increase are taxed more, so wages get scrunched at the top.