Falling Wage Syndrome
falling wages are a symptom of a sick economy. And they’re a symptom that can make the economy even sicker. Full Story »
Posted by Dwight Rousu
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U.S. Economy, Labor, Money
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Posted by Dwight Rousu - May 4, 2009 - 7:21 PM PDT
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Dwight Rousu - May 4, 2009 - 7:21 PM PDT
Krugman advocates for more job creation, warning against the Japan falling wages stagnation they experienced.
To break that vicious circle, we basically need more: more stimulus, more decisive action on the banks, more job creation. Credit where credit is due: President ... More »
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