But still haven’t matched productivity gains since the 1970s[0]
Everyone likes to point this out like it somehow made up for all the wage stagnation of the last 40 years and it most definitely did not.
Not to mention these wage gains are slowing fast.
[0]: https://www.cnbc.com/2022/07/19/heres-how-labor-dynamism-aff....
>But still haven’t matched productivity gains since the 1970s[0]
The gap might be real, but it's existed for decades. Moreover at least when it comes to explaining why people voted for Trump: while I have no data to support it, "we're poorer because of inflation" is a much more popular sentiment/election issue than "the top 1% are taking the gains for themselves", especially among republican voters.
> the top 1% are taking the gains for themselves
They deserved it because they worked hard for it!
Considering his very pronounced and persistent support of broad tariffs on all imports, I'm not sure why people would vote for Trump and the Republican platform he steers if they're worried about the economy and prices. This will absolutely drive prices up across the board, exacerbating the situation, while the Republican platform has no proposal for even attempting to offset that, they also want to put the boots on the neck of labor, as it were (see Project 2025 or even the miniaturized version Agenda 47)