Wage dropping in the USA

[shazeep]

Corps are engaging in record buybacks, essentially QE for stocks, and hollowing out their companies from within, just as QE has done to countries. Profits appear higher, while revenue is tanking, and GDP is contracting, even as it is presented as "growing," by various machinations, including prostitution and black market into the number, etc. A 5% wage hike is a loss when everything costs 10% more.