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Monthly Archives: August 2015
Our Wages Are Stagnant and Our Budget Is Tight—so Let’s Eat Out Tonight !
Who are you going to believe, the Bureau of Labor Statistics or your own lying eyes? Based on wage data from the BLS, it has become a settled, uncontroversial, widely-recognized “fact” that wages have not increased in the U.S. for … Continue reading
Posted in Uncategorized
Tagged consumption, krugman, living standards, Morristown, restaurants, wage stagnation
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Dumb SEC Rule and the “Land of Limitations”
Before 2009 wage stagnation and rising inequality were all the fault of George W. Bush and his “tax cuts for the rich.” Now that these problems have become much worse under Barack Obama, they are “America’s problem” and “a long-term … Continue reading
Posted in Uncategorized
Tagged CEO compensation, Dood Frank, Portland Oregon, productivity, Regulation, SEC, social mobility, wage growth
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