High Wages: Good or Bad?

HIGH WAGES: GOOD OR BAD?….Here’s the headline the LA Times copy desk put on Bill Sing’s article about the economy today:

Falling Jobless Rate Boosts Wages but Fuels Concern on Prices and Profits

Good for them. Instead of mindlessly repeating the usual “inflation fears” trope that’s common to most stories about employment gains, Sing’s story at least discusses both the positive and negative aspects of low unemployment. It was still focused a little too heavily on the negative, I thought, but it’s a start.

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