The 99% Of The 1%
Wealth accumulation is mimicking income concentration. The 99% see only slight increases, and know the rest is within the 1%. Continue reading
Wealth accumulation is mimicking income concentration. The 99% see only slight increases, and know the rest is within the 1%. Continue reading
Unemployment has been dropping. Wages are just beginning to increase, which has more to do with supply and demand of Continue reading
Work harder. Make more money. Be a success. That’s the conventional logic. It was wise – until about 1974. Since Continue reading
Sorry if you’re already over 45, but conventional wisdom about wage growth has run into a problem. The data doesn’t Continue reading
The good news was that US unemployment has been falling for years. The bad news was the wages were stagnant. Continue reading
The economy is improving. Corporate profits say so. But, GDP is not hitting its targets, and wages are lagging both. Continue reading
Job growth was great in 2014. Hiring is happening again. Raises, however, aren’t. Wages continue to stagnate, effectively unchanged since 2007. Continue reading
The Great Recession is passing, but not its effects. GDP is reasonable. Household incomes are down. The Federal deficit is Continue reading