It’s time for USA Inc to raise wages
The US economy is recovering — but weakly. And that’s with Ben Bernanke, Janet Yellen and their buddies working 24/7 at the money pumps. Where’s all the money going? Mostly into share price rises. Growth in GDP, employment and even corporate earnings is lagging. For the real economy to catch up, the harsh wage repression of the past decade will have to end.
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