Monthly Archives: June 2019

Is the Fed finally thinking about Americans at the median income and below?

Most people think that the president has a lot of power over the economy, but that isn’t true. Presidents have very little direct power over the economy by law. The Fed is the only part of government that has the

Posted in Macro

The minimum wage is nearly dead

The federal government has just set the record for the longest period of time without an increase in the minimum wage to keep up with inflation. The minimum wage has now been ignored for over a decade and Kevin Drum

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Posted in Inequality, Labor, Public Finance

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