wage stagnation Archives

Let’s Celebrate Next Labor Day by Putting More Money in Workers’ Wallets

Yesterday marked the passage of another Labor Day weekend where workers had to suffer from coercive union dues. As Richard Berman, executive director of the Center for Union Facts, noted…

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Analysis

To Trump and Clinton: Heed the Lesson Jimmy Carter Never Learned

Yesterday I observed here how the 2016 race reflects American conditions in the late 1970s — also stagnant — and how the political elites are echoing President Jimmy Carter’s feckless…

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Hillary Clinton Elevates the Federal Reserve to God-Status

On Monday, Donald Trump stated what is essentially a fact to anyone who follows financial markets — the Federal Reserve has created a “false economy” that has artificially inflated the stock…

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A Letter to the Left: The Gold Standard Will Restore Upward Mobility

About a year ago, Stan Sorscher, Labor Representative, Society for Professional Engineering Employees in Aerospace, published a frighteningly important blog at The Huffington Post (where I also blog on a regular…

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Trump Sounds Like Reagan: GOP Should Help Workers

There’s a story in Politico today where Donald Trump says that the GOP will become a ‘workers party’ under his leadership: “Five, 10 years from now — different party. You’re going to have…

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The GOP’s Best Shot in 2016? It Could Be This…

FiveThirtyEight has put together a fantastic summary of how each issue should impact the 2016 campaign. Check it out here. On economics, Ben Casselman writes: Americans remain uneasy about the economy,…

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Don’t Look Now, But Monetary Policy Just Became a Top Issue in the GOP Primary

It’s greatly encouraging to see the GOP candidates focus more on one of the largest economic problems facing the United States: the Federal Reserve and monetary policy. On Tuesday night, we…

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Incomes Decline Again, But Will GOP Candidates Speak Out?

Last week, new data released by the U.S. Census Bureau showed inflation-adjusted median income slipping to $53,657 in 2014, a drop from the previous year and a 6.5 percent drop…

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Hillary Abandons Income Inequality

Had you tuned in to Hillary Clinton’s hour-long speech on economics yesterday in order to learn the specifics of how she intends to achieve “strong growth, fair growth and long-term growth,”…

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More Bad News in June Jobs Report

In recent months, analysts have been pointing to a supposedly improved job situation for workers. Voluntary minimum wage increases at companies like Walmart allegedly pointed to an upward movement in wages…

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Yellen to Hillary: What’s the Problem?

Yesterday, the Federal Reserve announced that it is maintaining its existing policy of historically low interest rates, stating that the policy “remains appropriate.” When asked at the news conference about…

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Huckabee’s Economic Populism

Over at the National Journal, Josh Kraushaar makes the case against smartypants politically dismissing Mike Huckabee in a column tellingly called “Mike Huckabee’s Message is as Formidable as Jeb Bush’s…

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Immigration, Wages, and Scott Walker

Unsurprisingly, Scott Walker is drawing a good deal of criticism for his comments on immigration last week, much of it from fellow conservatives. The Cato Institute’s Alex Nowrasteh, The Daily…

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GOP Has Opportunity on Middle Class Economics

In the early days of the Presidential campaign, there has been a surprising movement towards consensus among the GOP field. On major issues like Common Core and immigration reform the…

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Perry Comments on Middle Class Wages

At the “Politics & Eggs” event in New Hampshire on March 12th, former Texas Gov. Rick Perry discussed wage stagnation: “The President may be satisfied with 2% economic growth. I’m…

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Huckabee Breaks New Ground in Economic Debate

Shane, this is really important breaking news. Gov. Huckabee is moving the dial here in a striking new development: he’s one of the first candidates to connect the Fed’s monetary…

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Huckabee Says Fix the Dollar (VIDEO)

Nick asked if former Governor Mike Huckabee understood the cure for wage stagnation. I had a chance to ask him what he would do as President to address wage stagnation…

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Rubio Pitches a Flatter and Fairer Tax System

In a Wall Street Journal op-ed on Tuesday, Senators Marco Rubio (FL) and Mike Lee (UT) began a debate on tax-reform by questioning whether the current unemployed, underemployed, stagnant wage…

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Huckabee: GOP Must Talk About Stagnant Wages

On February 19, the Washington Times reported on an appearance former Arkansas Governor Mike Huckabee gave on Fox News’ The Kelly File the previous day. During the interview, Huckabee stated: “I…

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Earth to GOP: Talk About Rising Costs

When it comes to economics, Republicans love talking about jobs, jobs, jobs. They cite real unemployment numbers that are far worse than what the public is told. They cite record numbers…

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