Mark Weisbrot Quotes (5 Quotes)

It is a long-term trend. Over the past 30 years, the median wage has grown about 9 or 10 percent.

I don't think Bush would have gone down there if he knew he'd run into this kind of opposition. The FTAA may not be completely dead, but it's close to dead and the body's twitching.

Payroll tax no longer captures as much income of wage earners as it did 20 years ago.

We have had a 30-year period in which the real median wage has grown 9, while productivity is up 80. Almost none of that improvement has gone to the majority of the labor force.

The main problem is that Washington is in denial about the economic failure, ... More Latin American leaders are aware of it, but it does not seem to be discussed. What is needed at a bare minimum is some discussion about what has gone wrong.