Sheffield. Jamaica Correspondent-That question has lingered on my mind for years. Sadly, that condition doesn’t only exist in America, but is a global crisis.
Regardless of how the employment figure looks – whether it increases or decreases – wages will remain the same. It all boils down to one word – greed.
Corporations and big businesses are so driven and filled with greed, that they are willing to keep wages stagnant irrespective of how affluent and profitable their business becomes. Continue reading
Owatonna, MN Correspondent-Much hand wringing has been done over the fact that the middle class in America seems to be shrinking. The richest one percent widens its income gap over the rest of us. A few lucky or hard-working or entrepreneurial souls claw their way toward the top from poverty or the depths of the middle class. But most people who grew up in middle-class homes in the 80s, 90s, and 00s seem to be struggling with wage stagnation, excessive student debt, housing prices that put a serious strain on incomes, and a diminishing number of higher-paying jobs blamed more or less equally on automation and global competition.