Posted by: Frank | January 2, 2020

Frank blogged on January 02, 2020 at 04:16PM

Brookings:

Even as the U.S. economy hums along at a favorable pace, there is a vast segment of workers today earning wages low enough to leave their livelihood and families extremely vulnerable. That’s one of the main takeaways from our new analysis, in which we found that 53 million Americans between the ages of 18 to 64—accounting for 44% of all workers—qualify as “low-wage.”

The current economy is not about employment and it’s certainly not about the stock market, it’s about wages. Employers do not want to increase wages or provide full time employment.

Candidates for POTUS need to properly identify the problem, talk about whether the current course we are on, which seems targeted at tariffs, is really going to solve the problem, and if not propose solutions.

Note that getting “the 1%” to pay their share of taxes is NOT going to solve the problem of low income jobs.

from Frank McPherson’s Web Notes https://ift.tt/2ZIeKbm
via IFTTT


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Categories

%d bloggers like this: