Reply #5: Wage Growth [View All]

[unlawflcombatnt]

I was already working on a post on wage growth today when I saw the construction number decline. Given that this relates to the housing bubble, I decided the construction decline would be a better subject today.

But I'll be posting more about the wage decline. The wage-productivity gap is at the very heart of our economic problems today. And it is also related to the housing bubble.

The excessive profits in relation to low wages are a major part of the stock market decline and also part of what is causing the housing bubble. Again, I'll address that in another post.

unlawflcombatnt