Adjunct Professor Salaries in San Antonio, TX Salary estimated from 101 employees, users, and past and present job advertisements on Indeed in the past 24 months. Last updated: December 22, 2017
Causes of Wage Stagnation. Over the last 35 years (with the exception of the late 1990s), hourly wages of the vast majority have lagged far behind economy-wide productivity. This failure of wages to grow and rising wage inequality is the primary explanation for the rise of family income stagnation and income inequality over the past generation.
The only way out of this mess is to stop inflation. Raising the minimum wage will fix nothing. The fact that one cannot live comfortably on minimum wage is a symptom of inflation, not lack of education. A minimum wage hike will only help to foster more inflation.