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U.S. Wage Trends
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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 dropouts. "Of all the reasons given for the wage squeeze - international competition, technology, deregulation, the decline of unions and defense cuts - technology is ....
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....ough purchasing power to grow the economy," M. B. Zuckerman. My feeling is that the trend from unskilled labor too 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 be a ticket to the middle income bra.... |
| Word count: 1149 |
Page count: 5 |
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