2/12/13 - Is Middle-Class Stagnation Really a Myth?; Donald Boudreaux and Mark Perry: The Myth of a Stagnant Middle Class

Today's Articles:

TIME
January 31, 2013
"Is Middle-Class Stagnation Really a Myth?"

"American politicians fall over themselves praising the middle class, but if you look at one rather telling piece of data, they don’t seem to have done much to help those in America’s vast middle: Over the past three decades, the wages of median workers have remained essentially the same, adjusted for inflation, while the wages and the wealth of the top one percent have skyrocketed."

The Washington Post
January 23, 2013

"Donald Boudreaux and Mark Perry: The Myth of a Stagnant Middle Class"

"'After three decades of flat wages during which almost all the gains of growth have gone to the very top,' he wrote in 2010, 'the middle class no longer has the buying power to keep the economy going. This trope is spectacularly wrong."

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