Can anyone provide substantiation for the claim that wages - less dividends - are up?
Well-wages are up, but not keeping with inflation over the last 2 years (median, not average.)
"Income" includes rents, dividends, interest, and pensions. A far different story than 'wages.'
More significant, it was only last month that total US private employment got back to the numbers pre-2001; but factory employment has NEVER increased since 2001.
That's WTO/MFN China at work.