The 50's through 70's. My father was a foreman in the 60's, making the same thing he was making as a superintendent just a couple of years ago (before retirement). All due to government take over and regulations.
Sorry, havensdad, but you have it all wrong. The 50's to 70's are the
primary years when government regulation was widely supported and
unions were bearing the fruit of their labor, a very prosperous time for
workers. It was only when Reagan and the conservative movement took
over in the 80's, making war on unions and gov't regulations that these
government regulations and unions you demoan began to be scaled back
until finally yes, and no coincidence, two years ago your father without
the kind of leverage previously enjoyed in the government regulating,
union dominating 50's & 70's probably was making less, just like so many
more Americans today. And isn't that outrageous during a time of record
corporate profits and multi-billion dollar tax cuts.
The link between inflation (meaning less buying power for workers) and increased government interference, is a well documented one.
But not in this link. Of course there are correlations between government
regulation and inflation but nothing that fully offsets the level of wages. There are no numbers here to back up anything
The paper begins to explain this but then is convieniently cut off. You have to subscribe to see the rest. Typical ploys of unaccessible abstracts, papers and such from the right that cannot be shown but to only the previleged.
The link between relative falling wages, middleclass decline and union
decline is an obvious one indeed and thankfully the clear majority of
American people after seeing the result of declining union influence are
now returning to increased support for unions and government unions(see
first page).