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Topic60% of Americans are living paycheck to paycheck
ElatedVenusaur
09/30/22 11:09:25 AM
#28:


AP3Brain posted...
The fuck you say? It's about all those things INCLUDING wages. General wages have been stagnant for decades despite record high production and profits.
Real wages have actually declined.

This is all because our economy has continued to grow, it's just more and more of the proceeds of that growth rest in the pockets of fewer and fewer people. It's the natural consequence of ever-widening economic inequality. Unless decisive steps are taken - and quickly - the standard of living for most Americans will continue to decline. I'm talking not only a drastic increase in the minimum wage, but also in taxes on the wealthy. And universal healthcare and decisive steps to control out-of-control price inflation in sectors like housing and education. Throw in anti-climate change effort and you have an agenda whose breadth hasn't been seen since LBJ's Great Society, but more likely since FDR's New Deal.

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