Politico: Low Wages Are A Good Thing For Workers

A reporter for mainstream media outlet Politico recently published an article stating that the labor force of the United States could actually be benefitting from stagnant, non-increasing wages for workers while inflation soars. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE:
https://www.politico.com/news/2022/07/13/pay-raises-smaller-prices-workers-00045482

"Wage gains for American workers are beginning to slow, threatening one of the few positive trends for the economy since the pandemic. But that could be good news for the nation’s labor force.

The government on Wednesday reported that inflation soared 9.1 percent in June — the biggest 12-month jump since November 1981. Prices rose across the board, but not because of salary increases, which have actually leveled off in recent months."

https://twitter.com/Public_Citizen/status/1547586564334632962

“notice how no ever says slower wage growth for CEOs would help inflation”

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