Originally published at http://www.commondreams.org/views/2019/07/11/donald-trumps-not-so-great-economy
This has been the nature of our economy for several decades. All productivity gains shift wealth to the owner class, social costs get shifted to the working class, gimmicks like derivatives and ZIRP and liar-loan mortgages prop up the system until it collapses.
Both parties are responsible.
started right after we went off the gold standard and on to the dollar standard. Was a green light to the thieves! Downhill ever since. productivity soaring and pay stagnant! It’s in the charts!