Episode 105: The “Problem” with Billionaires
Words & Numbers
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The Problem With Wage Stagnation
Alexandra Ocasio-Cortez says we've had wage stagnation for 40 years. But the numbers don't bear out any of those premises, John Sutter writes. Hourly workers today, adjusted for inflation, are earning about the same in terms of their wages as they were in the 1970s, he adds.
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