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Corporate profits are at all time highs while wages have stagnated since the 70s, you sir are full of it.

Actually the idea that compensation has stagnated since the 1970s is misleading.

See this study from Stephen Rose at the Urban Institute for a detailed look at this assertion that “wages have stagnated”:

https://www.urban.org/sites/default/files/publication/65351/...

Their entire analysis hinges on counting benefits as wages. Sorry but my health insurance doesn't pay my rent or put food on the table. Also given that health costs in the US are wildly inflated this analysis seems lacking as health insurance accounts for a very large chunk of employer benefits and are almost entirely eaten up by inflated costs.

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