0
dreamdancer

How We Can Kick-Start the Economy, Save Lives, Give Working People a Raise and Turn a Deficit into a Surplus

Recommended Posts

another round of healthcare...

Quote

Over the past 30 years, economic growth hasn't made its way into most working people's paychecks. But -- and this is key -- the amount businesses have to pay for an hour of work has steadily increased. As the Washington Post's Ezra Klein put it, “Most workers think stagnant wages mean their employer is paying them less. They don't know that the main reason for stagnant wages is that their wage increases are going to pay for their health insurance premiums."

Looking just at the George W. Bush years -- before the recession gained steam -- economists Lawrence Mishel and Jared Bernstein found that while average weekly wages for (nonsupervisory) workers increased by a paltry 1.7 percent annually, average compensation -- including health care and other benefits -- increased by 5.1 percent per year.

A picture can be worth 1,000 words, and this graph, based on projections by the Council of Economic Advisers, shows that Americans' incomes will remain flat long into the future if rising health costs aren't better controlled.



http://www.alternet.org/news/150943/how_we_can_kick-start_the_economy%2C_save_lives%2C_give_working_people_a_raise_and_turn_a_deficit_into_a_surplus/?page=entire
stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

Share this post


Link to post
Share on other sites
Incomes are flat because of oil prices...

Incomes are flat because we outsourced our manufacturing

Incomes are flat becasue we allowed Wall Street to reem our asses over the last 20 years

Incomes are flat because the government invents new, costly regulations every day

The list goes on and on.
Please don't dent the planet.

Destinations by Roxanne

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

0