Posted by: Broc_Lia
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[–] Broc_Lia [S] 0 points 1 point 1 point (+1|-0) ago
Define "appropriately." Inflation and the value of labour are two completely separate things which have nothing to do with one and other. One is controlled by the government and how much money it prints to prop up it's social programs, the other is largely based on how hard the people living there work.
Since the 1970s the US workforce has increasingly come into competition as the rest of the industrialised world recovered from WW2. There is nothing which could have prevented this from happening other than another war destroying europe.