Washington Post (October 10)
“By just about every measure, the U.S. economy is in good shape. Growth is strong. Unemployment is low. Inflation is back down. More important, many Americans are getting sizable pay raises, and middle-class wealth has surged to record levels.” And yet the lingering effects of inflation seem to have blinded many to the fact that “we are living through one of the best economic years of many people’s lifetimes.”
Tags: Best, Economy, Growth, Inflation, Lingering, Middle class, Pay raises, Record levels, Strong, Surged, U.S., Unemployment, Wealth
Wall Street Journal (March 18)
“Major Japanese manufacturers lined up Wednesday to give their employees bigger pay raises starting in April.” This could provide a boost to Abenomics, but “the diverging fortunes of Japan’s big and small firms suggest that Mr. Abe may have more work to make wage growth spread.”
Tags: Abenomics, Employees, Japan, Manufacturers, Pay raises, Small firms, Wage growth
