FXHedge
FXHedge|Aug 23, 2026 14:56
AMERICAN WAGES PLUMMET TO 43% OF NATIONAL INCOME, THE LOWEST SINCE THE GREAT DEPRESSION. DID NIXON’S BREAKUP WITH GOLD HELP KILL YOUR PAYCHECK? American workers are getting a smaller slice of the economic pie — and some people blame it on a decision made more than 50 years ago. A Kobeissi Letter chart (1) based on Federal Reserve Bank (FRED) data (2) has been making the rounds online (3). It shows wages and salaries at roughly 43% of U.S. gross domestic income in the first quarter of 2026. Taken from a government data series going back to 1929, that share is nearly the lowest since the Great Depression began. Full article: https://www.msn.com/en-us/money/markets/american-wages-plummet-to-43-of-national-income-the-lowest-since-the-great-depression-did-nixon-s-breakup-with-gold-help-kill-your-paycheck/ar-AA2aKGlj?ocid=msedgntp&pc=HCTS&cvid=7292fc661a8b4b529f67c9242ee80622&cvpid=2ed0c90b75f54cddac2b26c8cd4c8bdc&ei=30(FXHedge)
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads