Moral Outrage
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Posts Tagged ‘wages

Economic rape in the United States

April 7, 2012

It is an understatement that it now takes two spouses working to equal the wages of a one-income family of forty years ago. Western wages have plummeted so low that a two-income family is now (on average) 15% poorer than a one-income family of 40 years ago. The average standard of living in the U.S. […]

The sad economic state of the United States

December 28, 2010

Today, nearly one out of every three families in the United States is considered to be “low income”. Following are some of the key findings for 2009 (with 2010 continuing the decline): * There were more than 10 million low-income working families in the United States, an increase of nearly a quarter million from the […]

American Overlords and Serfs

August 9, 2009

By the year 2000 CEO pay had soared to the point where the average chief executive earned compensation equal to 500 times the average hourly wage. In real buying power, an American today works, on average, for about the same wage he got before the Reagan administration. The average man earns less per hour worked […]