The United States has dominated the world economically and military since 1945 for a few simple reasons.
1. The US dollar became the world reserve currency after World War II, allowing the United States unlimited spending power unlike any other country state or institution on earth.
2. That unlimited spending power was used to establish the world’s largest and most dominant military.
3. The US established reliable, defensible, enforceable, contract law to allow the flow of investment between counterparties, institutions, and countries.
4. The US established itself as a magnet for global intellectual and creative individuals to come to America via Immigration.
5. The combination of unlimited spending power, enforceable contract law and global talent magnet drove creativity and innovation, establishing the world‘s dominant economy.
All of this resulted in a massive structural advantage over every other country in the world — that many misinterpret as evidence of intellectual systemic or moral superiority.
Absent the reserve currency, reliable contract law or status as the global talent magnet. All of this comes into question.
Those who run around claiming American superiority without understanding or supporting the structure that supports it are like children of a rich family, running around with the delusion that they are superior simply because they were born on third base.
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Most professionals I know don't feel underpaid. They feel busy, stretched, maybe underappreciated — but not robbed.
The data tells a different story.
Productivity grew 60%. Compensation grew 16%. For 40 years.
That gap isn't a rounding error. For a typical professional starting at $75K, it compounds to roughly $3.9 million in nominal dollars over a 30-year career.
Digging into five decades of labor economics research, and the finding is consistent: knowledge workers systematically capture far less than the value they create because of specific institutional choices made starting in the late 1970s that were never reversed.
Five structural mechanisms — monopsony, shareholder primacy, executive pay capture, declining labor share, and now AI — have been quietly redirecting the value professionals create away from their paychecks since 1979.
We've published our full research brief, "The Seven-Figure Pay Gap: A Structural Analysis of Professional Compensation," through Lossdog.
https://t.co/bMyUvXZX4E
Lossdog seeks to provide career professionals with the data, tools and upskilling to mitigate this systemic pay gap.
Join the launch list at https://t.co/yi4C1uRog8 for free access to the first 50,000 users.
Tom Sosnoff will be taking your calls on money, markets, employment and entrepreneurism on ONE LUCKY DOG LIVE!, today and every Monday through Thursday morning at 10a est. Call 989--LOSSDOG and watch the show stream live on Lossdog's YouTube Channel.
The best boss, a trading legend, the one and only Tom Sosnoff! FYI, he WILL be at the LA, Charlotte, and Austin events. Register for your last chance to see Tom LIVE here: https://t.co/mThvN3qqmU. @tastyliveshow
Big news @tastyliveshow @tastytrade Scott is retiring, yes again! #TomSosnoff he tired of me making fun of him on X taking a backseat daily grind of the show. Youngblood @TraderNickyBAT & I will be doing show daily. Thank you, gentlemen. We got this now.
With the amount of current events going on today you are fortunate enough to have the Godfather of option trading #TomSosnoff on your show this morning!
Suppose you missed Part I & Part II of @tastyliveshow's Modern Portfolio Innovation for Active Traders digital symposium with Tom Sosnoff in collaboration with CME Group and Cboe. In that case, you may watch both webinars and download the slides here: https://t.co/amQIyFa01r.