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"The best off were those who've had graduate [degrees], that is they not only got a BA degree but got some graduate training, and their wages only went up 0.6%... That is an awful record of the last 20 years, roughly, of wages in America. They're stagnant. And over the same period the productivity of all those workers went up... If what the employer gave you is stagnant, hasn't gone anywhere in 18 years but the productivity has gone up what you're doing is giving more and more to the employer and getting nothing extra for yourself."
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