It is apparent that the golden years were roughly from 1950 to 1980. The graphs show how far we have declined since the loss of industrial labor, the decline of organized labor (read here, here and here), the losses since the onset of the deregulation craze beginning in the 1970s and the onset of globalization/free trade agreements, essential background issues that the article was silent on.
Tuesday, February 18, 2014
Shocking Decline of Real Value of America's Minimum Wage
Alex Planes, Feb. 16, 2014 from the Motley Fool column.
It is apparent that the golden years were roughly from 1950 to 1980. The graphs show how far we have declined since the loss of industrial labor, the decline of organized labor (read here, here and here), the losses since the onset of the deregulation craze beginning in the 1970s and the onset of globalization/free trade agreements, essential background issues that the article was silent on.
It is apparent that the golden years were roughly from 1950 to 1980. The graphs show how far we have declined since the loss of industrial labor, the decline of organized labor (read here, here and here), the losses since the onset of the deregulation craze beginning in the 1970s and the onset of globalization/free trade agreements, essential background issues that the article was silent on.
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