Most Productive
The Bush regime has conducted a war on our middle class. Wages are stagnant and quality jobs are disappearing in this country faster than one can imagine.
New Year's celebration of 2000, was the turning point for the typical American family. At that time, the average family income was $54,000. Real wages stagnated that year, and we have seen incomes declined by about $1,600.
Working women are now earning 42 percent of family income, but two income families are struggling. On the other hand, since 2000, half of the gains in the economy have gone into corporate profits and the top tier wage earners. It's the middle class Americans who are no longer participating in the economic gains.
Since World War II, the average American working family could count on seeing its income rise along with the economy. The U.S. economy is still the more productive than Japan, the U.K., Canada and Europe. More working-age Americans are employed and work longer hours than in any other developed country, but it’s not paying off for them.
Our tax system has helped to stimulate the rise of inequality in this country.
Social policy in Europe, Canada and Japan does a lot more to reduce economic disparities created by the marketplace than we do in this country.
The Center for Economic Policy and Research reports: “The United States really stands alone in having just an incredibly dysfunctional health care system. We pay on average more than twice as much per person as people in other wealthy countries.” This is important to those with health care, because that is money they don't get in their paychecks.
The Economic Policy and Research report focused on the number of hours that working men and women in this country are putting in, as compared to most of their European counterparts. The American worker today is working nearly a month longer, despite basically stagnant wages, than they did 30 years ago. Nevertheless, corporate leadership insists on talking about making the American worker more productive.
New Year's celebration of 2000, was the turning point for the typical American family. At that time, the average family income was $54,000. Real wages stagnated that year, and we have seen incomes declined by about $1,600.
Working women are now earning 42 percent of family income, but two income families are struggling. On the other hand, since 2000, half of the gains in the economy have gone into corporate profits and the top tier wage earners. It's the middle class Americans who are no longer participating in the economic gains.
Since World War II, the average American working family could count on seeing its income rise along with the economy. The U.S. economy is still the more productive than Japan, the U.K., Canada and Europe. More working-age Americans are employed and work longer hours than in any other developed country, but it’s not paying off for them.
Our tax system has helped to stimulate the rise of inequality in this country.
Social policy in Europe, Canada and Japan does a lot more to reduce economic disparities created by the marketplace than we do in this country.
The Center for Economic Policy and Research reports: “The United States really stands alone in having just an incredibly dysfunctional health care system. We pay on average more than twice as much per person as people in other wealthy countries.” This is important to those with health care, because that is money they don't get in their paychecks.
The Economic Policy and Research report focused on the number of hours that working men and women in this country are putting in, as compared to most of their European counterparts. The American worker today is working nearly a month longer, despite basically stagnant wages, than they did 30 years ago. Nevertheless, corporate leadership insists on talking about making the American worker more productive.
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