In effect, they asked for ever bigger portions of a homeowner's stagnant income.
Yet every week brings more layoffs and fresh evidence of stagnant incomes.
A limited devaluation would maintain the same policy that has produced stagnant per capita income for two decades.
If that does indeed come to pass it will more likely be the result of stagnant incomes rather than lower demand.
After years of stagnant incomes, the President said, "America's middle class, no longer forgotten, is rising fast."
Over time that means slow productivity growth and stagnant incomes.
What's just now coming to light is the impact that so many years of stagnant incomes is finally having on the American psyche.
The data on stagnant incomes, a trend not fully recognized by economists until the late 1980's, are now profuse.
No one should doubt the risks of stagnant incomes and greater inequality.
They're dismayed by stagnant incomes, a drifting economy and unresponsive government.