Loading ...Like 1962 until 1975. It was easy to get raises BECAUSE of inflation. But our anti American gov’t started importing cheaper foreign made products. I remember people were buying houses with 18% mtgs. Businesses could afford to pay higher wages because of no foreign competition.
TPTB are so stupid they simply want the country to run on low taxpayer wages. Many people I knew in the 1970s went to self employment after 1975 so they could make more money. The workers started putting their wives to work.
Even in my area the state gov’t started trying to pass laws that allow homeowners to make extra apartments in their houses, garages or basements to flood the market with apartments to get lower rent prices. But local town boards are not complying. Plus in NYC they are flooded with immigrants and trying to make nearby towns take them in. Also they are not complying.