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Beginning of Paper
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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 nations 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 technology is probably the most critical. It has favored ....
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Middle of Paper
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.... 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 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 be a ticket to the middle income bracket, a nice car in the driveway and a house in the suburbs. ....
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ADDITIONAL FEATURED ESSAYS
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