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U.S. Wage Trends
Part 1 of Paper
....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 probably the most critical. It has favored the educated and the skille.... Part 2 of Paper
.... "The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially 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 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 diplom.... |
| Number of words: 1149 - Approximate pages: 5 |
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