"We have seen economic growth. But we have not seen earnings growth"
About this Quote
As an actor-turned-activist, Farrell isn’t trying to sound like a policy white paper; he’s playing the role of the citizen calling time-out. The phrasing is plain, almost stage-direction simple, which makes it harder to dodge. “We have seen” evokes a collective witness - everyone’s been told the good news - then “we have not seen” flips that shared experience into shared disappointment. The audience is invited to recognize their own lived contradiction: rising markets, rising rents, stagnant pay.
The subtext is distribution, without the jargon. “Economic growth” suggests corporate profits, stock indices, productivity stats; “earnings growth” points to wages, bargaining power, and whether the supposed boom ever reaches the people who clock in. It also carries a moral edge: if the system produces growth without earnings, the system is functioning as designed - just not for you.
Contextually, the line sits comfortably in the post-1980s American story: deregulation, weakened unions, shareholder-first capitalism, and the normalization of “the economy” as a metric that doesn’t have to match human outcomes. Farrell’s intent is to make that mismatch feel scandalous again.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Farrell, Mike. (n.d.). We have seen economic growth. But we have not seen earnings growth. FixQuotes. https://fixquotes.com/quotes/we-have-seen-economic-growth-but-we-have-not-seen-70509/
Chicago Style
Farrell, Mike. "We have seen economic growth. But we have not seen earnings growth." FixQuotes. Accessed February 2, 2026. https://fixquotes.com/quotes/we-have-seen-economic-growth-but-we-have-not-seen-70509/.
MLA Style (9th ed.)
"We have seen economic growth. But we have not seen earnings growth." FixQuotes, https://fixquotes.com/quotes/we-have-seen-economic-growth-but-we-have-not-seen-70509/. Accessed 2 Feb. 2026.


