Quote:
|
even wages are coming around
|
Some things are not what it seem...
According
State of Working America: the US economy is at best on crossroads.
"One path leads to a broad-based, balanced recovery, where tight labor markets ensure widely shared real wage and income growth; where the benefits of the faster productivity regime that began in the mid-1990s flow freely to all income classes; where inequality is held at bay and poverty rates are driven down by a growing economy that provides quality jobs to even the least-advantaged worker.
The other path leads to an economy more like that of the 1980s, although with faster productivity growth. Throughout those years—which were characterized by large and growing budget deficits, high average unemployment, sharply growing inequality, and declining real wages and incomes for many in the bottom half—the living standards of far too many working families were stagnant at best."