Lawrence Mishel

Lawrence Mishel is a distinguished fellow at EPI after serving as president from 2002–2017
Articles by this author
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Views Wednesday, December 02, 2020 Over Last 30 Years, Wages for Top 1% Soared by 160% While Wages of Bottom 90% Actually Went Down Newly available wage data tells a familiar story: In every period since 1979, wages for the bottom 90% were continuously redistributed upwards to the top 10% and frequently to the very highest 1.0% and 0.1%. For last year, 2019, the data show a continuation, with annual wages rising fastest for... Read more |
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Views Wednesday, December 25, 2019 Top 1.0% of Earners See Wages Up 157.8% Since 1979 Newly available wage data for 2018 show that annual wages for the top 1.0% were nearly flat (up 0.2%) while wages for the bottom 90% rose an above-average 1.4%. Still, the top 1.0% has done far better in the 2009–18 recovery (their wages rose 19.2%) than did those in the bottom 90%, whose wages... Read more |
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Views Tuesday, September 18, 2018 Further Evidence That the Tax Cuts Have Not Led to Widespread Bonuses, Wage or Compensation Growth One of the leading arguments for the GOP’s Tax Cuts and Jobs Act of 2017 has been that it will raise the wages of rank-and-file workers, with congressional Republicans and members of the Trump administration promising raises of many thousands of dollars within ten years. The Trump administration’s... Read more |