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by drewg123 1016 days ago
I'm hoping the recent trend towards more active, powerful unions that we're starting to see now will reverse the wage trends.

The problem is that the very low interest rates we've had over the last decade are just not sustainable long term. At the very least, the Fed needs a quick, easy way to stimulate the economy, and having a minuscule prime rate leaves them without the biggest tool in their toolbox.

1 comments

Unions will only be able to increase wages while preserving the company if we remove cheap, low wage foreign competition. I think that has been a root problem for awhile.