– The Brookings Institution
Stagnant wage growth may be causing more middle class families to rely on welfare, a new report from left-leaning Brookings says. The share of welfare benefits going to the middle class (defined as the middle 60 percent of the income distribution) has more than doubled since 1979, according to the report.
– The New York Times
There has been unease among many investors. Fund managers have ranked trade as their primary concern over the past few months, and as Mr. Trump’s rhetoric has turned into action, some have positioned their investments for slower economic growth.
Just as entire communities revolved around the automobile, steel and other industries in the last century, many places in America now depend almost entirely on e-commerce giants like Amazon.
– The Washington Post
As the competition for labor intensifies, the quality of service at businesses tends to deteriorate, said Forrest Morgeson, director of research for the American Customer Satisfaction Index, which crunches more than 200,000 consumer survey responses each year.