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Prometheus 6

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Economics vs Quality of Life: Hard to tread water when you're surrounded by speedboats

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"You have a lower half of the wage distribution in the United States that has not experienced any income gains for a long time now," said Barry P. Bosworth, an economist at the liberal-leaning Brookings Institution. "But from a macro perspective this doesn't have much impact."

Even as the average worker's wages are stuck in neutral, corporate profits, professionals' incomes, gains from investments and executive compensation - the kind that frequently comes in the form of stock options - are all surging, supporting healthy gains in the economy.

How Long Can Workers Tread Water?
By EDUARDO PORTER

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