Absurd Statement of the Week "The System Worked"
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See the original post: Absurd Statement of the Week "The System Worked"
On Monday, a BLS Real Earnings report showed: Real average hourly earnings for all private employees fell 0.2 percent from April to May. This result stems from a 0.2 percent increase in the average hourly earnings being more than offset by a 0.4 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). For all private employees, real average hourly earnings fell 0.1 percent, seasonally adjusted, from May 2013 to May 2014
View article: Average Cost of New Home is 6 Times Median Income (Historically 3); Sales of Priciest 1% of Homes…