
Robert Samuelson Says Our Wage Increases Went to Health Care, BLS Disagrees
Robert Samuelson Says Our Wage Increases Went to Health Care, BLS Disagrees https://ift.tt/2LSerCk Robert Samuelson used his Labor Day column to tell us that our pay really didn’t end up in the pockets of rich people. The problem is that it all went to employer-provided health care insurance. The argument is that health care costs have vastly exceeded the overall rate of inflation. Since a standard health care benefit is larger as a share of the pay of a low-wage worker than a high-wage worker, the increased cost of the benefit took away the money that otherwise would have gone […]