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How Technology Effects Modern America
Beginning of paper
U.S. Wage Trends
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 def ....
Middle of paper ....ly self-destructive 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 di.... |
Word count: 1229 |
Page count: 5 |
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