Robert Reich writes about glum consumers,
who while the economy is good on paper are having a harder and harder time of
it economically.
The stock market is growing and bullish,
the housing market is getting back on track but incomes are another story with
dropping median wages (adjusted for inflation).
As Reich writes, “Profits are the highest
share of the U.S. economy on record. Wages are the lowest.”
That is obscene.
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