[PEN-L:33425] Re: Re: Re: The new economics

[Carrol Cox <cbcox@xxxxxxxxx>]

Doug Henwood wrote:
>
> Alan Jacobson wrote:
>
> >stagnant real wages, are we moving into
> >another period of massive wealth polarization a la the 80s? Or is this just a
> >bad bump in the road?
>
> Real wages have been growing in the U.S. since 1995, and continued
> positive through the recession. Still, income distribution became
> more polarized too.
>

Is there any way to break that down? For example, have the real wages of
fast food employees increased? Have the real wages of workers in
non-unionized parts plants increased? Have the real wages of clericals
in banks grown? etc. etc. etc. Have the real wages of department store
clerks risen?


> Doug