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Trade

Trade

For too long, our nation’s trade and investment policies have reflected the influence of powerful corporate interests. They protect what’s important to corporate America but do little or nothing to safeguard the rights of workers and the environment here and around the world. They fuel a race to the bottom in living standards. That needs to change. We need policies that support good jobs at home and sustainable development abroad.  We need to enforce the laws already on the books and stop blatant abuses by some countries that stack the decks against U.S. workers.

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Five Causes of Wage Stagnation in the United States

Kenneth Quinnell
Five Causes of Wage Stagnation in the United States

A series of recent reports from the Economic Policy Institute (EPI) make clear the case for why wages have stagnated in the United States. 

Before digging into the details, it's important to note a few things. First off, wage stagnation is not a small problem, it's something that affects 90% of all workers. As one of the authors of these reports, Lawrence Mishel, says: "Since the late 1970s, wages for the bottom 70 percent of earners have been essentially stagnant, and between 2009 and 2013, real wages fell for the entire bottom 90 percent of the wage distribution." Second, while the Great Recession made things worse, the problem goes back 35 years. And third, and most importantly, wage stagnation is a matter of choice, not necessity.

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