by Summary:
Don't celebrate the recent expansion yet. The economic numbers look good — until adjusted for inflation.The real wage is falling. Workers are becoming worse off economically in real terms even with nominal wages improving somewhat but not substantially. They falling further behind than they were before the expansion in terms of purchasing power.Occasional Links & Commentary“Don’t class warfare me”David F. Ruccio | Professor of Economics, University of Notre Dame
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Mike Norman considers the following as important: economic expansion, inequality, real wage
This could be interesting, too:
Don't celebrate the recent expansion yet. The economic numbers look good — until adjusted for inflation.The real wage is falling. Workers are becoming worse off economically in real terms even with nominal wages improving somewhat but not substantially. They falling further behind than they were before the expansion in terms of purchasing power.Occasional Links & Commentary“Don’t class warfare me”David F. Ruccio | Professor of Economics, University of Notre Dame
Topics:
Mike Norman considers the following as important: economic expansion, inequality, real wage
This could be interesting, too:
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Don't celebrate the recent expansion yet. The economic numbers look good — until adjusted for inflation.
The real wage is falling. Workers are becoming worse off economically in real terms even with nominal wages improving somewhat but not substantially. They falling further behind than they were before the expansion in terms of purchasing power.
Occasional Links & Commentary
“Don’t class warfare me”
David F. Ruccio | Professor of Economics, University of Notre Dame