An open secret at this point is that the Great Recession never truly ended for all but the rich. Whats the point of line going up if most of the gains go to kikes and other international elites at the top 1% at the expense of the average American? Wages have been mostly stagnant since the 70s yet CEO salaries keep increasing even as CEOs themselves become more out of touch and incompetent.
Sounds like something a communist would say. Solution = moving to France
More seriously, the reason wages are growing modestly (20% for median income, 46% for high income) since the 70's is because we spend all this money on fucking welfare. since the 1970s, transfer and welfare spending has more than doubled as a share of personal income.
Expanded welfare programs, especially those that provide non-cash benefits (housing, food assistance, Medicaid), reduce incentives to take low-wage or entry-level jobs. This increases competition for above minimum wage jobs and leads to lower salary for these jobs. In addition, these fucking programs are funded through taxes which are taken out of your salary. It's the social contract fallacy (see below - I could only find the UK version but same shit everywhere). In a lot of countries, income taxes are also paying for the pensions for the baby boomers who completely outnumber the current workforce.
The next culprit is illegal immigration which also contributes to pricing blue collar workers out of their jobs and increase the above effect (and a lot of these fuckers are eligible for welfare benefits), while increasing your tax burden.
Wages in the US must also be interpreted on a sector by sector basis. For example, salary in the tech industry have increased by about 300% since the 70's, while manufacturing jobs have seen some of the lowest growth.
In total the tax burden on the American citizen since the 70's has increased by 65% and you should be mad about this
