The Undollar Digest

Doug Noland’s Credit Bubble Bulletin

Doug Noland 12/30/2011 www.prudentbear.com

Selected Notes:
December 28 – Bloomberg (Ilan Kolet and Bob Willis):  “Workers in the U.S. earning the minimum wage are worse off now than they were four decades ago.  …Adjusting for inflation, the federal minimum wage dropped 20% from 1967 to 2010, even as the nominal figure climbed to $7.25 an hour from $1.40, a 418% [...]


You must be logged in to view the rest of this article

Users are required to register with our site before viewing this article. Registration is FREE! If you are already registered you may sign in below.

If you are not signed up you may do so in the form on the left. A username and password will be emailed to you.