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After Years of "Stimulus" Come Surging Debt and Falling Wages

Audio Mises Wire

Tags Economic PolicyThe FedU.S. History

12/03/2022Ryan McMaken

For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

Original Article: "After Years of "Stimulus" Come Surging Debt and Falling Wages"

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Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Original Article: 
After Years of "Stimulus" Come Surging Debt and Falling Wages