Comment by bluefirebrand
10 months ago
> Fast food workers aren't service-economy workers, they're making burgers back there.
What exactly do you consider the "service industry" if you don't consider food services (like restaurants and fast food) as part of it?
I suspect we have very different ideas of what "service industry" means
> Also see https://www.epi.org/blog/wage-growth-since-1979-has-not-been..
Did you even read the whole thing?
```Dropping “wage stagnation” as a descriptive term for the full post-1979 period doesn’t mean we think the wage problem for American workers has been solved. Wage growth in the post-1979 period has been slow and unequal, largely as a result of intentional policy decisions. This policy-induced wage suppression has stifled growth in living standards and generated inequality. The last five years saw rapid and welcome progress reversing some of these trends—but it will take a long time to heal the previous damage, even if the post-2019 momentum can be sustained, which looks very unlikely at the moment.```
Admitting there is a problem but saying "it isn't stagnation" is just splitting hairs.
"Wage growth has been slow and unequal, but it isn't stagnation!"
"policy-induced wage suppression has stifled growth in living standards and generated inequality" there was wage suppression but it's not stagnation!
What a stupid article.
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