Posts Tagged ‘stagnant’

COVID-19 spike felt across Europe as vaccination remains stagnant

COVID-19 cases are on the rise again in various parts of Europe as the cold weather has affected the spread of the virus. Countries on the Old Continent are attempting to curb the spike through various means — from introducing lockdowns for the unvaccinated to limiting access to certain services, or pushing for an increase […]

Why We’re Doomed: Stagnant Wages

The point is the present system cannot endure. Despite all the happy talk about “recovery” and higher growth, wages have gone nowhere since 2000–and for the bottom 20% of workers, they’ve gone nowhere since the 1970s. Gross domestic product (GDP) has risen smartly since 2000, but the share of GDP going […]

Why We’re Doomed: Stagnant Wages

Why We’re Doomed: Stagnant Wages By Charles Hugh Smithwashingtonsblog.com Despite all the happy talk about “recovery” and higher growth, wages have gone nowhere since 2000–and for the bottom 20% of workers, they’ve gone nowhere since the 1970s. Gross domestic product (GDP) has risen smartly since 2000, but the share of GDP going to wages and […]

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