Larry Mishel and Josh Bivens, Economic Policy Institute There is now widespread acceptance across the political spectrum that the typical worker’s wages have grown very slowly or been stagnant for several decades but a consensus narrative explaining wage stagnation has not developed yet. [togglable text="expand abstract"] The frequently invoked conventional explanations attributing wage problems primarily to automation and, somewhat, to globalization, cannot actually explain key wage develo...| Economic Policy Institute
The Raising America’s Pay launch report makes the case that broad-based wage growth is the key to reversing the rise of income inequality, enhancing social mobility, reducing poverty, boosting middle-class incomes, and aiding asset-building and retirement security.| Economic Policy Institute