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yes real earnings have increased, but a decade is such a small time frame in the whole scheme of things. To what does that proportion to political parties? To what does that proportion to the link between productivity and wages? To what does that proportion to union bargaining power? To...

check out Italy real GDP. New chart gone out, real GDP back to year 2000 level. Yes it CAN happen.

And the most funny thing, the more the left leaning part of society harp on about this, the easier/faster it becomes. Why? because of the middle class. The fairer one wants society, the more important it becomes to protect the middle class by enabling genuine wealth creation of the middle...

spot on. I love your analogy to Civilisation. But really what we are seeing is a long term revision to the mean. Since when in the long term history of mankind has wealth been fairly distributed amongst the masses. I have been stating on this forum for several years now, that the...

its remarkable how the masses think of productivity. Well each country will have its own season. Some will take longer than others to figure it out. The good news is that there is still profit to be made regardless of the season, so long as a person correctly identifies the season.