The Great Wage Slowdown

This is what happens when an economy becomes dependent on Fed money printing, a limited number get the money.

Since 2000, weekly earnings for low- and middle-income workers are nearly unchanged, after adjusting for inflation. Earnings for workers at the 90th percentile have risen.

Cumulative percent change since 2000.

%

10

5

0

25th

Median

90th percentile

2000

2002

2004

2006

2008

2010

2012

2014

Usual weekly earnings, full-time wage and salary workers

The major gainers have been those around Silicon Valley and Wall Street, for the rest it is a stagnant to declining standard of living.

-RW