The Transylvania Times -

The Widening Economic Gap

 

September 3, 2018



Based on the unemployment figures and stock market, it would appear that the American economy is doing well. But those numbers are misleading when it comes to working people, the vast majority of Americans whose main source of income is from the wages they earn.

The unemployment numbers are down, but that does not reflect a real growth in people’s wages. According to the U.S. Bureau of Labor Statistics, wages in the past year have increased roughly 2.7 percent: however, after accounting for inflation, there has been no real increase in wages for most Americans. The $10-$12 per weekly wag...



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