«Sure, the middle class suffers
from stagnant wages,» I've heard some conservatives say, «but we're all so much richer now, and therefore the middle class is actually better off.
Well, aside
from stagnant wages, the astounding rise in low - paying part - time jobs, and increasing personal debt loads?
Not exact matches
Traders are suddenly worried about interest rates (although anyone older than 30 has to be amused that 2.85 % on the Treasury 10 - year is a source of panic), worried about inflation (although after the last decade of
stagnant wages, Friday's 2.9 % rise should be cheered, not jeered), and worried about a tax - fueled spike in growth (with this report
from Powell's Atlanta colleagues leading the way.)
Spain's high unemployment, excessive debt, and
stagnant growth stem indirectly
from policies implemented by Germany that forced down the GDP share of German
wages while also reducing domestic investment.
«Our economy has rebounded tremendously
from the Great Recession, but thousands of workers across the state are still dealing with
stagnant wages that do not reflect the cost of living in New York,» said Engel.
In making his pitch for Paid Family Leave and a $ 15 - an - hour minimum wage on Long Island today, Cuomo said voter anger in the presidential primaries comes
from frustrated middle class voters who are dealing with
stagnant wages and rising property taxes.
Those without postsecondary training have experienced
stagnant wages, were hit the hardest by the Great Recession, and have barely benefitted
from the subsequent economic recovery.
Stagnant wages prevent employees
from increasing their retirement plan contributions (assuming the percentage deducted
from each paycheck stays constant).
When productivity increases consistently despite
wages remaining
stagnant, only those at the top of the economic chain benefit
from the production of more salable goods.
A recent research note
from RadarLogic makes the point that there's no reason to believe that the run - up in institutional investor demand will somehow connect to future household demand, especially given
stagnant wages and tighter mortgage standards.
After the Great Recession,
stagnant wages, an unstable job market and strict mortgage standards have kept many Americans
from buying homes.
Over the past years, first - time homebuyers may have shied away
from entering the real estate industry because of
stagnant debt and
wages, but times have changed.