Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Policymakers have held off on raising the minimum wage and made it harder for workers to hold bargaining power, and the Fed has opted to push for low inflation instead of high employment. (Photo: Shutterstock)

The bottom 90 percent have suffered a “collapse in pay” that can be laid at the door of politicians and their decisions, reports the Washington Post.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.