Posted by: Frank | January 2, 2020

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


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

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