December 1, 2012 4:00 PM

Bruce Glensky | Origins of middle class pain

Wages have failed to keep pace with inflation for upward of 30 years; this is a long-term problem, not a recent development (see Nov. 18 article by McClatchy Washington Bureau reporter Kevin Hall, “Declining wages stay”). To set policy we need to correctly assess the problem and the solutions will more readily fall out.

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