Many commentators on the left, labor activists, and sympathetic people of all stripes have bemoaned the stagnation in wages at the bottom of the labor market. Wages in the bottom half of the income distribution have not kept up with inflation since 2006. Workers in the bottom 20% of earners have done even worse than the average for the rest of the bottom half of earners.
The question is why have wages stopped rising and what, if anything, can be done about this situation.
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