Since the end of 2019, just before the pandemic, workers have basically just kept up. After inflation, average hourly wages are up 3%. For workers in aggregate, total compensation is up 8%. Meanwhile, profits have climbed 43%.

My annual pay has increases since 2019 but not enough to keep up with inflation. The extra money from the government during COVID did a good job hiding this for a bit but once it stopped the problem became very apparent.

I imagine most people reading the WSJ look at that and go "Good, the system is working as intended. Squeeze em til there's nothing but pulp, then keep squeezing"

Guillotine time?

Bu bu bu I thought it was all these foreigners takin our jerbs

Fun fact, when you remove real estate from that calculations, the claim is no longer true (Rognlie, 2014). Land is a severely underrated cause of this. Edit: citation: https://doi.org/10.1353/eca.2016.0002

look at the footnotes for the graphs:

Corporate profits*
Labor compensation†
that dagger is quite ambiguous.

Except they're not highlighting that as something to correct. They are celebrating that outcome.