I just got the sixth sense that this is all the fault of businessmen's decisions.
I remember I bought my first lap top computer from Toshiba and it costs me $2000.00 U.S. Dollar.
Now it costs about $600.00 for a much better one.
I remember I bought my first HD TV 55" for $4000.00 U.S. Dollar.
Now it costs about $1000.00 60" for a better one.
This is all our businessmen's decision to sell these high tech products lower and lower.
Because our consumers pays less, there is less profit for their employees and shareholders.
That is why wages will not go up and stock market will not go up.
I hope these global high tech companies that have high tech knowledge capability would start to charge and demand more pays for their employees. Low pay causes lower consumer ability to pay. Bad for our economy too.
Comes from the "GLOBAL ECONOMY" experts, same ones who said America will be a "Service Economy", they seem to have forgot, what if NO ONE has the money to buy services ??? OH, I get it, that's were illegals come in to make services and lower wages possible...
I wonder if anyone shops around for the highest price items to buy? same model brand ex and a higher price would you buy? competition is good as it raises living standards.....
open a company drive its growth and or gain a skill that is hard to replicate that is how many earn better livings...... maybe we should blaim a growing population?
maybe in reality (its what i believe) we are super spoiled and used to what is unreasonable and unrealistic....