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Pay for the bottom 25 percent of wage earners, who account for 82 percent of the population, rose 4.5 percent in November from the year-ago period, according to data published by the Federal Reserve Bank of Atlanta. That’s the highest since July 2008. Wages for top earners, meanwhile, rose just 2.9 percent last month.

Overall, wages have accelerated this year by an average of 3.6 percent, as unemployment dropped, once again, to a half-century low. For employers, low employment means fewer people are looking for a job, limiting the supply of available employees and increasing competition to get the best workers.


This is one of my beefs with liberals in that they will quickly counter with "trickle down economics" is a failed concept (usually in reference to Reagan). However, they are simply denying the facts of the mater as this evidence shows. Lower taxes and the result will be increased private sector investment and growth that pays dividends for all. It's an undeniable fact of economics lost on anyone with a "D" (for economic Dunce?) behind their name.

Rich
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