Wages have declined because of the tax cuts?
Thanks for the CBPP link. It doesn't mention a great depression though......did you post the wrong link?
Possibly
tax cuts contribute to wage decline, but its likely mostly due to the recent increase of inflation, which gets worse when trade war kicks in.
The CBPP link shows how inequality now is at the same levels prior to the great depression. However, a more ominous sign is inverted yield curve.
Possibly tax cuts contribute to wage decline,
If only the link gave any proof that they do...…
The CBPP link shows how inequality now is at the same levels prior to the great depression.
So what? That's not proof that inequality caused the Great Depression or that it will cause a new Great Depression.
However, a more ominous sign is inverted yield curve.
Inverted yield curves don't cause Great Depressions. Our curve is not inverted.
As far as the graph, why would our lowest skilled workers have kept up with our national productivity?
They aren't very productive.
Or with average workers?
They're below average, that's why they make the minimum wage.