Salt Lake Tribune · Jun 17, 2018
Why many Americans aren’t benefiting from robust U.S. economy
(David Goldman | The Associated Press) In this Oct. 16, 2014, file photo, an unemployed coal miner walks with his family on their way back to their apartment from the bus stop in Lynch, Ky. From drivers paying more for gas and families bearing heavier child care costs to workers still awaiting decent pay raises to couples struggling to afford a home, people throughout the economy are straining to succeed despite the economy’s gains. And it is. Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960′s. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.