{"entry":{"title":"Raising America's Pay","date":"Wed, 04 Jun 2014 23:00:00 -0500","author":"Josh Bivens et al., Economic Policy Institute","description":"
Our country has suffered from rising income inequality and chronically slow growth in the living standards of low- and moderate-income Americans. This disappointing living-standards growth\u2014which was in fact caused by rising income inequality\u2014even preceded the Great Recession. Fortunately, income inequality and middle-class living standards are now squarely on the political agenda. But despite their increasing salience, these issues are too often discussed in abstract terms. This paper\u2014and the Raising America\u2019s Pay project that it launches\u2014exposes the easy-to-understand root of rising income inequality, slow living-standards growth, and a host of other key economic challenges: the near stagnation of hourly wage growth for the vast majority of American workers over the past generation.<\/span><\/p>","original_link":"http:\/\/www.epi.org\/publication\/raising-americas-pay\/"}}