Add to the part above, a phenomenal increase in the labor force so employee wage levels fall to unheard of levels.
Practical example: if 100,000 are clamoring for one position on the production line and the offer is 25 cents an hour, take it or leave it…in order to feed the large families, some will have no choice but to work for these so called wages.
Of course shareholders will be over the moon happy with practically zero labor costs.
So ugly, all this.
And sadly, well over a third of the country believe the crap they are fed.