Raising Wages for Vast Majority Would Have Broad Macroeconomic Benefits by Combating 'Secular Stagnation'
December 12, 2017
December 12, 2017
WASHINGTON, Dec. 12 -- The Economic Policy Institute issued the following news release:
Income inequality, driven largely by anemic wage growth for the vast majority of households and manifesting as an increasing share of national income being captured by the top 1 percent, is a widely agreed upon economic challenge for American policymakers. At the same time, economic observers have become increasingly worried about "secular stagnation"--or a chronic shortfall of aggregat . . .
Income inequality, driven largely by anemic wage growth for the vast majority of households and manifesting as an increasing share of national income being captured by the top 1 percent, is a widely agreed upon economic challenge for American policymakers. At the same time, economic observers have become increasingly worried about "secular stagnation"--or a chronic shortfall of aggregat . . .