
“40.28% of all workers make less than $20,000 a year in America today. So that means that more than 40 percent of all U.S. workers actually make less than what a full-time minimum wage worker made back in 1968. That is how far we have fallen. Good paying full-time jobs are disappearing, and they are being replaced by low paying part-time jobs. So far this year, 76.7 percent of the jobs that have been ‘created’ in the U.S. economy have been part-time jobs. That would be depressing enough, but what makes it worse is that wages for many of these low paying jobs have actually been declining over the past decade even as the cost of living keeps going up.”
Related posts:
Bitcoin, gold and competitive currencies
Russia won’t extradite Snowden to US – Kremlin
Bernanke Has Injected Foreign Banks With Over $1 Trillion In Cash
Chinese Investment in the U.S.
Public Opinion: Government Healthcare? No!
US military wants a portable, bullet-resistant wall that fits in a can
Beef Prices Set New Record Highs
Trump Moves to Destroy Damning CIA Torture Report
Bank of China officially opens in Chicago
Iowa Troopers Steal $100,000 in Poker Winnings From Two Drivers
Gold Is Rebounding, Time to Look at Franco Nevada
The biggest Bitcoin win in gambling history
Snowden Issues Statement Condemning Actions of Both Obama and Biden
Couple handcuffed for passing out End the Fed literature near Liberty Bell
Cryptocurrency Payment Processor GoCoin Gets $1.5m in Funding