While productivity has grown by more than 80% over the last 30 years, wages have effectively been flat for 80% of Americans. So, although we're making stuff faster and more efficiently, the benefits of that hard work have not trickled into the pockets of the people who do it.
Not all jobs are created equal; when we hear the phrase "job creation", we need to examine it more closely. Unemployment numbers are just one way that the debate gets shifted away from the real issues confronting the U.S. right now.
0 comments:
Post a Comment