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Started By
Message
re: Bill Clinton: I Know Why American Incomes Are Stagnant
Posted on 9/29/14 at 7:10 pm to TT9
Posted on 9/29/14 at 7:10 pm to TT9
quote:
"Median income hasn't gone up for three reasons," Clinton said. "One is the labor markets aren't tight enough, and we haven't raised the minimum wage as we should. And the second reason is we haven't changed the job mix enough, to raise the median income and have more poor people working into it. The combination of jobs has to pay, on average, higher wages."
What?
quote:
One is the labor markets aren't tight enough
I don't even know what this means?!?! Is it going to be helped by importing low and no skill labor?
What does any of this mean?
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