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Some compelling new research from @rooseveltinst traces the connection between rising shareholder payouts and shrinking employee wages washingtonpost.com/us-policy/2019… 
Adjusted for inflation, the hourly wages of typical middle class workers are *still* below the level they were at in 1973. washingtonpost.com/us-policy/2019…
Picture doesn't look much better when you add in benefits: starting in 1973, workers kept getting more productive (e.g., they were generating more profit for their bosses), but their compensation didn't reflect that. washingtonpost.com/us-policy/2019…
So where'd all those profits go? For that I'll turn you over to @DLeonhardt and this fantastic chart at the Times nytimes.com/2019/02/24/opi…
The cool thing about @lenorepalladino's paper is it traces the pathway by which some of this profit-redirecting occurred: an explosion in payouts to shareholders. washingtonpost.com/us-policy/2019…
