HINT: Trickle-Down economics is a Republican myth.
"Fed Chair Jay Powell: U.S. may be in a different era for workers’ wages despite economic gains" PBS NewsHour 10/3/2018
Excerpt
"Fed Chair Jay Powell: U.S. may be in a different era for workers’ wages despite economic gains" PBS NewsHour 10/3/2018
Excerpt
SUMMARY: Federal Reserve Chairman Jay Powell discusses the state of the economy, bigger changes in the job market and why Wages haven’t caught up with other economic trends in a conversation with Judy Woodruff. At the Atlantic Ideas Festival, Powell also explained why he supports “gradually” increasing interest rates and how the strong economy hasn’t reached every American.