This is a transition. Americans, compared to the rest of the world, have been overpaid since the 50's.
And this is the crux of the Conservative argument in America. Right here.
That somehow..the rest of the world..particularly the third world, which has a yawning gulf between rich and poor..has it right..and the US..which has wage parity..well up until some 30 years ago..has it wrong.
Labor for conservatives has no value..and wealth..no matter how accrued..deserves more wealth.
Simple as that.
I wasn't making a value judgement, just stating a fact.
How do you feel about the brightness of the Sun?