The mayors of 2 major US cities blame 2 big factors for Americans’ low wages
“In the United States, economic growth slowed in the first quarter of 2018 — the economy grew 2.3%, slightly less than the 2.9% rate at the end of 2017. The Great Recession ended nearly a decade ago, but the US is still grappling with a slow-growth economy, as President Donald Trump has noted since his campaign. From the late 1940s to early 1970s, the economy grew an average of 3.8% per year. But since 2004, the growth rate has dropped by almost half.”