Take the link that follows somewhat broadly. That said, many show the same or similiar.
https://globalnews.ca/news/3531614/a...nada-stagnant/
So if wages, broadly speaking once adjusted for inflation have barely moved in 40 years......Has taxation remained the same?
And if not, what's that done to the bottom line. Both for the peons, who lose purchasing power ( which translates into revenue for companies) and so Walmart's become more popular, and companies seek greener pastures ( who can blame them). Has corporate greed, profits etc played a role too? Absolutely.
But no matter how its sliced and diced, it comes back to making life for the masses......more affordable. Double everyone's wages?
Great. Labour cost go up as does inflation.
And as for Unions. they are their own worst enemies.