Yeah and that can happen by paying everybody more.
Salaries have largely stayed the same while prices have risen and that excess has gone to profits. If workers demand more pay and they force the issue, the economy eventually will reach equilibrium.
The issue currently is that those workers can't really do that because the US government has shown time and again that they don't really care that much if a company violates organised labor laws or labor laws in general (you get a fine and a slap on the wrist) but they will bring down god's wrath if workers/a union has an "illegal strike" after the employer ignores their demands.
There is a reason why ever since Reagan took a hardline anti-union stance and disbanded the PATCO union for having the audacity to strike in the 1980s that the number of major strikes per year has steadily declined.
Salaries have largely stayed the same while prices have risen and that excess has gone to profits. If workers demand more pay and they force the issue, the economy eventually will reach equilibrium.
The issue currently is that those workers can't really do that because the US government has shown time and again that they don't really care that much if a company violates organised labor laws or labor laws in general (you get a fine and a slap on the wrist) but they will bring down god's wrath if workers/a union has an "illegal strike" after the employer ignores their demands.
There is a reason why ever since Reagan took a hardline anti-union stance and disbanded the PATCO union for having the audacity to strike in the 1980s that the number of major strikes per year has steadily declined.
https://www.bls.gov/web/wkstp/annual-listing.htm