How US Policy Was Designed to Suppress Wages

[AnBr]

pitchforkeconomics.com/episode/how-u-s-policy-was-designed-to-suppress-wages-with-larry-mishel-and-josh-bivens/

Radical and rising economic inequality is no secret — and now, thanks to new research from the Economic Policy Institute, neither is its price tag nor its cause. There’s never been a study quite like this — one which places specific, real dollar amounts on every trickle-down policy American politicians have embraced. The study’s authors, Larry Mishel and Josh Bivens, explain how their work reveals that the massive upward redistribution of income our nation has suffered these past four decades can largely be attributed to policies intentionally designed to suppress the wages of American workers.

Lawrence Mishel is a distinguished fellow at EPI after serving as president from 2002-2017. In the more than three decades he has been with EPI, Mishel has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets.

Twitter: @larrymishel

Josh Bivens is the director of research at EPI. His areas of research include macroeconomics, fiscal and monetary policy, the economics of globalization, social insurance, and public investment.

Twitter: @joshbivens_DC

Middle-class pay lost pace. Is Washington to blame? www.nytimes.com/2021/05/13/business/economy/middle-class-pay.html

Identifying the policy levers generating wage suppression and wage inequality: www.epi.org/unequalpower/publications/wage-suppression-inequality/

[goldenvalley]

Jun 2, 2021 19:33:27 GMT AnBr said:

pitchforkeconomics.com/episode/how-u-s-policy-was-designed-to-suppress-wages-with-larry-mishel-and-josh-bivens/

Radical and rising economic inequality is no secret — and now, thanks to new research from the Economic Policy Institute, neither is its price tag nor its cause. There’s never been a study quite like this — one which places specific, real dollar amounts on every trickle-down policy American politicians have embraced. The study’s authors, Larry Mishel and Josh Bivens, explain how their work reveals that the massive upward redistribution of income our nation has suffered these past four decades can largely be attributed to policies intentionally designed to suppress the wages of American workers.

Lawrence Mishel is a distinguished fellow at EPI after serving as president from 2002-2017. In the more than three decades he has been with EPI, Mishel has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets.

Twitter: @larrymishel

Josh Bivens is the director of research at EPI. His areas of research include macroeconomics, fiscal and monetary policy, the economics of globalization, social insurance, and public investment.

Twitter: @joshbivens_DC

Middle-class pay lost pace. Is Washington to blame? www.nytimes.com/2021/05/13/business/economy/middle-class-pay.html

Identifying the policy levers generating wage suppression and wage inequality: www.epi.org/unequalpower/publications/wage-suppression-inequality/

I've never understood why the "populists" surrounding Trump ignore this sort of info.  I guess you could say the "swamp" is responsible for this, but behind the swamp is the corporate world.  That's the real power and the real "enemy" if they're looking for one.

[pg]

Jun 2, 2021 20:49:05 GMT goldenvalley said:

Jun 2, 2021 19:33:27 GMT AnBr said:

pitchforkeconomics.com/episode/how-u-s-policy-was-designed-to-suppress-wages-with-larry-mishel-and-josh-bivens/

I've never understood why the "populists" surrounding Trump ignore this sort of info.  I guess you could say the "swamp" is responsible for this, but behind the swamp is the corporate world.  That's the real power and the real "enemy" if they're looking for one.

Because they have a "want" for anything that seems "aspirational". Because they've been media-trained to gravitate towards fame, without substance, as long as it fits their little world view. Because they are, bottom line, not educated in anything political. Remember Trump's first election? "He tells it like it is". HA! What, exactly, was "it"? They didn't care. And still don't. Brainwashed...