U.S. Cost of Living and Wage Stagnation, 1979-2015
The question of the cost of living in the United States is intimately connected to the issue of the so-called “wage stagnation,” which is typically blamed on economic liberalization that started under President Carter, gathered steam under President Reagan, and peaked under President Clinton. According to a 2015 report issued by the Economic Policy Institute, a pro-labor think … Continue reading U.S. Cost of Living and Wage Stagnation, 1979-2015
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