Obama went and done it, for real job creation
Submitted by Roger Fox on Wed, 03/18/2015 - 5:00pmI have wrote many times describing the scale of the un/underemployed and the scale of solution needed to fix things. The job deficit equals the infrastructure deficit, and they equal the SS deficit.
So if we create enough jobs, employers will have to compete for skilled workers, this drives wages up, sometimes it does so faster than the inflation rate. This is often referred to as "Real Wage Growth". And since 1973 Wage Growth has not kept up with inflation.


Good morning 99percenters! 