The so-called "job
creators" aren't working for Mr. and Mrs. America.
The self-proclaimed "job
creators," who have enjoyed a favorable tax climate for several decades,
aren't doing much of anything to create jobs for millions of Americans who want
to work.
And many of the jobs that are
available are low-paying jobs.
Harold Myerson, on WashingtonPost.com, reports that the U.S. has a higher proportion of low-wage
jobs than any other industrialized nation:
"Fully 25 percent of the [U.S.] workforce makes less than two-thirds of the nation’s median wage — ahead of Britain (where just 21 percent
hold such low-paying jobs), Germany (20 percent) and Japan (15 percent)."
And
that's not all. Another WashingtonPost.com piece says that the median hourly
wage, adjusted for inflation, was the same last year as it was in 2000—while
productivity was up about 27% in the same period.
American
workers are increasing their hourly output, but someone else is raking in the
resulting profits.
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