Jul 10, 2017 · 1 min read
Looking outside the US the stagnation in wages looks linked the the growth of China and other countries in the far east. Since the United States sit’s on top of the global order it shouldn’t be surprising that the top has grow so radically. A Owner/CEO of a major company in the US in the 1950s employed only American’s and reaped those benefits; now a company of the same economic weight may employ tens of thousands across the globe and that reaps benefits contingent with the size and scope. The American as an consumer is more then willing to turn away from a Ford to buy a Nissan if they will save a few bucks. I don’t know if any of this is really about policy choices as much as American buying choices.
