Washington Post

How stocks are leaving wages in the dust

Foto: AP/Richard Drew

Wages were mostly flat again in 2017, even as the stock market rose to record heights. This is kind of what we expect nowadays: The divide between Main Street and Wall Street has become a staple of stump speeches everywhere.

But it didn't always used to be this way. In fact, for a long time market performance tracked fairly closely with wage increases. But that all changed around 1980, when stocks took off and compensation languished...

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