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(Archived document, may contain errors) April 19,1996 No. 97 WAGES, PROFITS9 AND INCOME: POLITICS VS. REALITY By Mark Wilson Rebecca Lukens Fellow in Labor Policy "On Labor Day 1995, the earnings of most American workers are either stuck in the mud or sinking. Profits are up. Paychecks are not." -Secretary Robert B. Reich, Labor Day Address, August 31, 1995. "The state of the Union is strong. Our economy is the healthiest it has been in three decades." -President Clinton, State of the Union Address, January 23, 1996 INTRODUCTION ....

United States , Government Printing Office , District Of Columbia , New York , Stephenj Rose , Max Lyons , W Michael Cox , Alan Krueger , Gary Burtless , Richard Vedder , Lawrencem Kahn , Mark Wilson Rebecca Lukens , Ken Deavers , Williamg Laffer , Olivias Mitchell , David Card , Thomasd Hopkins , Jagdish Bhageati , Wayneb Gray , George Johnson , Jonathan Gruber , Raymondj Kopp , Robertb Reich , Richard Alm , Adam Thierer , Ralphe Smith ,