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Dean Baker states that inflation is currently rising faster than wage growth and emphasizes that this is not a technical issue.
He comments directly on the relationship between inflation and wages, indicating that inflation is outpacing wage gains.
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Baker has recently commented on other key financial issues. He pointed to potential gains for the Russell 2000 index and foreign index funds. In a separate note, he drew attention to $600 billion in unpaid U.S. taxes and its implications for federal enforcement.