Publish to Newswire
Add an EventFrom the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature
The State of Work in the Age of Anxiety
From 1947 to 1974, American workers brought home most of the wealth they produced. Since 1974, they have steadily lost power - and they're getting just a fraction of the wealth they produce today..
Harold Meyerson is editor-at-large at The American Prospect and a columnist for The Washington Post
Harold Meyerson is editor-at-large at The American Prospect and a columnist for The Washington Post
to read Harold Meyerson's "The 40-Year Slump" published in The American Prospect, December 2013, click on
http://prospect.org/article/40-year-slump
From the end of World War II through the mid-1970s, American jobs—and with them, the American economy—steadily improved. President Kennedy’s description of how the economy worked was substantially accurate: “A rising tide lifts all boats.” Pay raises matched increases in the nation’s productivity at all points along the economic spectrum. Workers at the bottom of the pay scale saw their wages increase in tandem with everyone else’s. In growing numbers, employers provided pensions and health insurance to their workers. But beginning in the ’70s, the rising tide began leaving some, then most, and today nearly all boats behind.
- See more at: http://www.thomhartmann.com/forum/2013/12/state-work-age-anxiety#sthash.AbL5xcl1.dpuf
http://prospect.org/article/40-year-slump
From the end of World War II through the mid-1970s, American jobs—and with them, the American economy—steadily improved. President Kennedy’s description of how the economy worked was substantially accurate: “A rising tide lifts all boats.” Pay raises matched increases in the nation’s productivity at all points along the economic spectrum. Workers at the bottom of the pay scale saw their wages increase in tandem with everyone else’s. In growing numbers, employers provided pensions and health insurance to their workers. But beginning in the ’70s, the rising tide began leaving some, then most, and today nearly all boats behind.
- See more at: http://www.thomhartmann.com/forum/2013/12/state-work-age-anxiety#sthash.AbL5xcl1.dpuf
For more information:
http://www.freembtranslations.net
Add Your Comments
We are 100% volunteer and depend on your participation to sustain our efforts!
Donate
$210.00 donated
in the past month
Get Involved
If you'd like to help with maintaining or developing the website, contact us.
Publish
Publish your stories and upcoming events on Indybay.
Topics
More
Search Indybay's Archives
Advanced Search
►
▼
IMC Network