Thursday , 25 April 2024

Tag Archives: household income

What is the Primary Reason for Lack of Economic Growth in America? Here is the Answer

The widespread stagnation in wages, rather than the level of unemployment, may offer a better explanation for the failure of economic growth to accelerate two years after the end of the recession. Workers’ ability to negotiate higher earnings won’t return until the job market strengthens, and flagging confidence has raised the risk that consumers may retrench. [Let us explain.] Words: 1018

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Increased Productivity Has Benefited Your Employer – Not You! Here's Proof

In the past 20 years, the US economy has grown nearly 60 percent. This huge increase in productivity is partly due to automation, the internet, and other improvements in efficiency but it's also the result of Americans working harder—often without a big boost to their bottom lines. Oh, and meanwhile, corporate profits are up 20 percent. [Let me show you exactly what I mean.] Words: 550

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