ON LABOR DAY LET THEM SHOP AT DOLLAR DUMP! Since 1973, worker productivity has increased by 2.5 times, but hourly compensation has barely budged. During the three decades before that, the two trends moved in tandem. The stagnation of income for the middle and working classes has even set up a competitive battle among dollar stores, which serve the lowest end of the consumer market; sales of that one-time king of the working-class segment, Wal-Mart, have stalled along with its customers disposable income. latimes/business/hiltzik/la-fi-hiltzik-20140831-column.html#page=1
Posted on: Sat, 30 Aug 2014 12:28:57 +0000
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