U.S. Wage Trends

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of
Welfare Reform Network.

In view of these facts, I wonder if these trends are good or bad for society. “
The danger of the information age is that while in the short run it may be
cheaper to replace workers with technology, in the long run it is potentially
self-destructive because there will not be enough purchasing power to grow the
economy,” M. B. Zuckerman. My feeling is that the trend from unskilled labor to
highly technical, skilled labor is a good one! But, political action must be
taken to ensure that this societal evolution is beneficial to all of us. “Back
in 1970, a high school diploma could still be a ticket to the middle income
bracket, a nice car in the driveway and a house in the suburbs. Today all it
gets is a clunker parked on the street, and a dingy apartment in a low rent
building,” says Time Magazine (Jan 30, 1995 issue).

However, in 1970, our government provided our children with a free education,
allowing the vast majority of our population to earn a ...

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