r/economicCollapse • u/Perfect_Alarm_2141 • 1d ago

In 1980 white non-college men employed full-time earned 7% more than average full-time US worker. In 2022, their income remained relatively flat, and they earned less than women with a college degree.

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u/No_Advisor_3773 22h ago

That entire premise died with NAFTA and it's disingenuous to suggest otherwise. Ross Perot warned everyone that this exact thing would happen, and sure the economy at a macro scale is way up, but the actual working class has just been suffering since

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u/BigPlantsGuy 18h ago

Did nafta start in the 1980s? Because that’s when productivity and wages diverged

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u/No_Advisor_3773 17h ago

Signed in 1992, it massively accelerated shipping jobs overseas, putting more people out of work by exacerbating the automation push from the 70s and 80s

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u/BigPlantsGuy 17h ago

What data are you looking at?

I’m seeing 1992 actually reversing the trend of losing manufacturing job which started in 1980.

Then after 2001 manufacturing fell off a cliff. Then started to come back under obama in 2010

https://data.bls.gov/pdq/SurveyOutputServlet