The Unites State's economy is currently enjoying the satisfaction of a healthy, booming economy. This booming success, however, is generally accompanied by a warranted concern for rising inflation. Normally, the low unemployment rates, high profits, and growing wages, push the aggregate demand towards inflation. Normally, at the first glimmering signs of these exponential gains, the FED is skeptically quick to slam on the federal levers, such as raising interest rates; in order to stop the first snowflakes of inflation before the avalanche is unleashed. The last decade of this millennium although has turned out to be anything but normal.
             The beginning of the 1980's saw a sharp increase in productivity and cooperate profits. One would logically think, as many did, that higher productivity would translate into higher wages. Oddly enough though, worker wages remained stagnant. Economist across the country charged that productivity profits were going into corporate pockets rather than worker's wages. Many workers believed that growing global competition and increased job insecurity were undercutting the fruits of their hard work. Around the middle half of the 1900's a strange phenomenon began that has today's economists wondering about the direction of inflation will take in the approaching months. In a drastic turnaround profits have begun to level off while wages are now on the rise. This influx in wages and profits has the Federal Reserve wondering weather or not it is time to begin starting anti-inflation precautions. Even stranger yet, while the economy continues to expand, inflation has moved very little.
             Presently, the country's unemployment rates are reaching all time lows, and the consumption continues to expand; yet inflation continues to stay in check. As of March of 199 the inflation level was holding steady at the uncommonly low level of 1.5%. Economists attribute this "...