Better late than never, but is it really news that most workers have benefitted little from the country's growth over the last quarter? Apparently, that is what a joint study by the Brookings Institute, Heritage Foundation, Urban Institute and American Enterprise Institute uncovered with funding from the Pew Charitable Trusts. Of course, my former employer, the Economic Policy Instiitute, had been documenting this fact for the last decade and a half in the semi-annual State of Working America.
This distinguished group could get the relationship between productivity growth and wage growth down a bit better if they made a point of adjusting for differences in deflators and using measures of compensation instead of wages.
There's too much at stake this November for us to quit. As we navigate another presidential election year, thoughtful independent journalism is more important than ever. We're committed to bringing you the latest news on what's really happening across the country this election season, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in America.
Quality reporting doesn't come for free, and we don't have corporate backers to rely on to fund our work. Everything we do is thanks to our incredible community of readers, who chip in a few dollars at a time to make what we do possible. This month, we're trying to raise $50,000 to help fuel our election coverage, and we've fallen behind on reaching our goal. Any amount you give today will bring us closer to making our reporting possible—and a generous donor has agreed to match all online donations, so your impact will be doubled.
