Something very bad has happened to the earnings of Generation X since the recession

You’ve probably heard every US presidential hopeful proclaim the average American hasn’t gotten a raise in 15 years. Globalization, with its resulting competition from foreign workers, is the most frequently cited villain for this persistent wage stagnation. That’s emboldened candidates Donald Trump and Bernie Sanders to call for abandoning trade deals. They’re wrong, though. Yes,…

http://qz.com/659388/americans-have-gotten-a-raise-in-the-past-15-years-but-not-since-the-great-recession/

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