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But we saved everything 🙂.
Real wages falling for most American workers, Arin Dube notes
Arin Dube draws attention to the economic disparity as America mints its first trillionaire, while real wages are falling for most American workers. Dube also observes that earlier strong wage growth among lower-income earners is starting to weaken.
The commentary highlights a stark contrast between extraordinary wealth accumulation and the broader challenges faced by the workforce.
Earlier this year, Dube noted that sharp headline inflation driven by the Iran war was eroding U.S. paychecks, despite modest core inflation showing limited broader impact (full article). He has also discussed approaches to economic inequality, identifying the Swedish Rehn-Meidner model as a key idea he would revive (article). These comments form part of Dube’s ongoing analysis of pay and policy.
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