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Barry Ritholtz: When Will Wage Growth Begin In Earnest ?
I honestly don't think they will as long as capital remains global and labor remains local. It's funny how these trade deals and tariffs all focus on the costs and revenues for businesses of international trade. Isn't that one step removed from the problems of ordinary citizens? Why isn't a global negotiated labor deal regarding wages and benefits possible? Wouldn't that address the issues labor is facing more directly?
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