Japan and France are very much under the same forces of globalization and technology which are often deemed the culprits of the stagnant wages in the US. This points squarely to domestic causes for the stagnant median wages in the US. That is actually good news, as policies and institutions can be changed, while globalization and technology are much bigger and powerful forces.
Yahoo Finance analyzed economic data for each state during the last 10 years to determine which states seem to be feeling the most pain from globalization and the movement of […]
Trade is an issue that polarizes Americans by socio-economic status. To the professional class, which encompasses the vast majority of our media figures, economists, Washington officials and Democratic power brokers, […]