You're used to hearing my voice on the world, bringing you interviews from around the globe.

And you hear me reporting environment and climate news. I'm Carolyn Beeler.

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Listen to the world on your local public radio station and wherever you find your podcasts.

Because if I were to ask you what determines how much money you make, you would not say it's the Herfendahl-Herschman index in my town.

I'm going to now. I'm going to now.

Hello, and welcome to Optimist Economy. I'm economist Catherine Ann Edwards. I'm editor Robin Rousey.

On this show, we believe the U.S. economy can be better,

and we talk about how to get there one problem and solution at a time.

This week on Optimist Economy, we're going to talk about the problem of not earning enough money.

Wages.

Wages.

The top, we like to make some quick announcements.

I want to thank Gail from Chicago, who is our latest big donor.

I also want to thank everybody who's moved their recurring either monthly or annual donations to Optimisteconomy.com.

That saves us about 10% on all the donation fees.

On to Retcon, aka retroactive continuity, where we reflect and add to our previous conversations.

First, we had a letter about our description of the argument that capital gains taxes are double-taxed.

And the letter said, we described it as the individual is double-taxed.

And the letter writer suggested that, in fact, it's the company paying the tax and then

the individual paying the tax that qualifies it as double tax.

It's funny. So for this argument that we don't like, there's actually two of them. And I said one, which is that people are double taxed on savings that has turned into investment that has turned into income and the taxed again. But there is also another double tax argument that companies have already been taxed through the corporate income tax. And so then

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