t-No, technology isn’t going to destroy the middle class
H.C. Williams)
JAMES BESSEN | The Washington Post
Wages for ordinary workers in textile mills were stagnant for the first few decades of the Industrial Revolution. But as the technology matured, wages rose more quickly.
Thanks to technology, the average wage in the United States today is over 10 times what it was 200 years ago, after adjusting for changes in the cost of living