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U.S. Wage Trends
Beginning of paper
The microeconomic picture of the U.S. has changed immensely since 1973, and the
trends are proving to be consistently downward for the nation's high school
graduates and high school drop-outs. “Of all the reasons given for the wage
squeeze – international competition, technology, deregulation, the decline of
unions and defense cuts – techno ....
Middle of paper
.... because there will not be enough purchasing power to grow the
economy,” M. B. Zuckerman. My feeling is that the trend from unskilled labor to
highly technical, skilled labor is a good one! But, political action must be
taken to ensure that this societal evolution is beneficial to all of us. “Back
in 1970, a high school diploma could still b.... |
| Word count: 1224 |
Page count: 5 |
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