I think they got it backwards…..woman joining the work force did not cause workforce to drop wages it was the result of the dropped wages.
Great website if you have ever seen it it: https://wtfhappenedin1971.com/ it shows a lot of economic factors BUT the main one we all know to be true is as soon as we left sound money things got worse for the US.
Tons of charts pointing to what we all know to be true the decoupling of the dollar from gold caused inflation at rates in comprehensible.
I have seen others in other similar economic subreddits say it was also women joining the work force. I disagree. Women joining the work force was a result of the decoupling from the gold standard was forced by the decoupling. People weren’t earning enough so they had to have two people go to work.
People are looking at the symptom as the cause … as is most things economically related.
submitted by /u/Iam-WinstonSmith
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