[CLIP] How the Economic and Media Elite Plunder Working-Class Americans: Batya Ungar-Sargon

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“We were a meritocratic society, or more meritocratic than many other places. But that all started to change somewhere in the 1970s. 1971 is the high watermark for working-class wages, and they really started to stagnate after that, even though corporate profits and productivity have been skyrocketing. So, they used to sort-of travel in concert with working-class wages, and then they really decoupled in the '70s. And now, working-class wages are down when you factor in inflation and the fact that the cost of groceries is up 18%. I mean, my God, people living on a shoestring budget and they can't afford groceries - it's really terrible." - Batya Ungar-Sargon