Wages

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The whole process of simply paying employees has become increasingly politicized with competing agendas shifting the focus away from the fundamental idea of a fair day’s pay for a fair day’s work.  We have advocates for a higher minimum wage, federal, state and local versions, for a competitive wage, for a living wage and so on.  … Continued

Whither Wages?

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The stock market has been doing well, unemployment is at historic lows, inflation is relatively modest and a strong economy augers well for corporate earnings during the balance of this year, and perhaps for 2019.  In the midst of all of this good news, wage gains seem to be lagging. Recently published employment data suggests … Continued

“These Are The Times That Try Men’s Souls”

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These words were the first line in the first of a series of pamphlets written by Thomas Payne, during the American Revolution, titled “The American Crisis”. Perhaps a small modification to, “these are the times that try investor’s souls,” might be timely. Investors, and everyone else, is being pummeled by a barrage of, seemingly never-ending, … Continued