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apologies for the multiple xposts
White MALES. Avg. pay for women at the end of the 1950's was 60% of the avg. pay for men. Today, it's about 75%
I don't think that the entry of more women into the workforce and an increase in their wages can entirely be blamed for the problem. For one thing, that chart shows "Family" income - so I think it shows the combined income from both wage-earners. If that's the case, then a two-income family is now struggling to maintain the same real standard of living that used to be possible from one income.
I suppose one could argue that jobs have not kept pace with the expansion of the work-force, but is that because the work-force has expanded too fast, or that jobs haven't expanded fast enough? And what causes the imbalance? Shouldn't more people working mean more money to spend on products which should mean more jobs? Of all the possible factors I don't think that increasing women's wages could really be isolated as the crucial factor.
Kunstler's bugbear of cheap oil seems to me a more likely culprit - the timing is right, after all. When did wages start to stagnate? Right around the same time that OPEC formed and US control of world oil industry was broken. Another possibility is globalization - in which the US exports jobs and debt, and imports cheap products and windfall profits for the capitalists and bankers that finance the outsourcing - causing widening income disparities between those who work for a living and those who simply invest.
― o. nate (onate), Tuesday, 28 February 2006 20:22 (eighteen years ago) link
four months pass...
jeezus how could i ever have liked this guy?
his recent writing reveals his "bracing simplicity" for the reductive make-it-up-as-you-go-along cartooning it really is
― Euai Kapaui (tracerhand), Thursday, 27 July 2006 00:38 (seventeen years ago) link
three years pass...
Er, this is unmitigated bullshit.
If there is one thing the US military does not want, not for all the tea in China, it is direct responsibility for running the economy of the USA. They don't have a clue how to run our economy and they know it. As long as the weapons systems keep being funded, they will keep their guns pointed outward at the perceived enemies who lurk 'out there' past our borders. So much simpler that way.
― Aimless, Tuesday, 3 November 2009 02:57 (fourteen years ago) link
Countdown to Momus
One of THE great allegorical cold war era sci fi b-movies.
― Geological fondue (nordicskilla), Monday, February 27, 2006 11:11 PM (3 years ago)
a giant one-eyed monster stampeding through japan. it was a little too crass for me.
― gear (gear), Monday, February 27, 2006 11:16 PM (3 years ago)
bahahahahahaha
― we are normal and we want our freedom (Abbott), Tuesday, 3 November 2009 03:29 (fourteen years ago) link