The 1970s Reset Changed Everything For Our Savings (Don't Fall Behind)

1970s marked a major turning point for the world… and the changes from it actually have significant consequences for your savings.

From 1947 to about 1979, wages and productivity grew together. Workers produced more, and workers got paid more - simple, fair, and logical.

Then something changed.

From around 1980 and on, productivity kept climbing (up 80% through 2009), while wages pretty much flatlined (up just 8% in that same period).

For some reason, American workers kept getting better at their jobs but they somehow stopped sharing in the gains.

So what happened?

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