Home › Forums › Financial Markets/Economics › Statistics on Decline of U.S. Middle Class
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October 20, 2010 at 5:56 PM #621950October 26, 2010 at 11:42 PM #623072briansd1Guest
Interesting discussions on the middle class:
http://www.charlierose.com/view/interview/11259
And I don’t see any easy or quick way we’re going to come out. Consumers have to come out from under a huge massive debt load. They’re worried about their savings. They have to save more. They can’t use their homes as ATM machines, basically collateral for loans easily as they cod in the early part of the decade.
They can’t send any more people into work. In the ‘70s and ‘80s women marched into the paid workforce. They can’t work longer hours if they have jobs because many people are already holding down two or three jobs if they have work.
We have almost come to the end of the coping mechanisms as I call them that the middle class has used to prop up their purchasing power even though the mean incomes of male workers have not increased adjusted for inflation in 30 years.
October 26, 2010 at 11:42 PM #623156briansd1GuestInteresting discussions on the middle class:
http://www.charlierose.com/view/interview/11259
And I don’t see any easy or quick way we’re going to come out. Consumers have to come out from under a huge massive debt load. They’re worried about their savings. They have to save more. They can’t use their homes as ATM machines, basically collateral for loans easily as they cod in the early part of the decade.
They can’t send any more people into work. In the ‘70s and ‘80s women marched into the paid workforce. They can’t work longer hours if they have jobs because many people are already holding down two or three jobs if they have work.
We have almost come to the end of the coping mechanisms as I call them that the middle class has used to prop up their purchasing power even though the mean incomes of male workers have not increased adjusted for inflation in 30 years.
October 26, 2010 at 11:42 PM #623718briansd1GuestInteresting discussions on the middle class:
http://www.charlierose.com/view/interview/11259
And I don’t see any easy or quick way we’re going to come out. Consumers have to come out from under a huge massive debt load. They’re worried about their savings. They have to save more. They can’t use their homes as ATM machines, basically collateral for loans easily as they cod in the early part of the decade.
They can’t send any more people into work. In the ‘70s and ‘80s women marched into the paid workforce. They can’t work longer hours if they have jobs because many people are already holding down two or three jobs if they have work.
We have almost come to the end of the coping mechanisms as I call them that the middle class has used to prop up their purchasing power even though the mean incomes of male workers have not increased adjusted for inflation in 30 years.
October 26, 2010 at 11:42 PM #623844briansd1GuestInteresting discussions on the middle class:
http://www.charlierose.com/view/interview/11259
And I don’t see any easy or quick way we’re going to come out. Consumers have to come out from under a huge massive debt load. They’re worried about their savings. They have to save more. They can’t use their homes as ATM machines, basically collateral for loans easily as they cod in the early part of the decade.
They can’t send any more people into work. In the ‘70s and ‘80s women marched into the paid workforce. They can’t work longer hours if they have jobs because many people are already holding down two or three jobs if they have work.
We have almost come to the end of the coping mechanisms as I call them that the middle class has used to prop up their purchasing power even though the mean incomes of male workers have not increased adjusted for inflation in 30 years.
October 26, 2010 at 11:42 PM #624162briansd1GuestInteresting discussions on the middle class:
http://www.charlierose.com/view/interview/11259
And I don’t see any easy or quick way we’re going to come out. Consumers have to come out from under a huge massive debt load. They’re worried about their savings. They have to save more. They can’t use their homes as ATM machines, basically collateral for loans easily as they cod in the early part of the decade.
They can’t send any more people into work. In the ‘70s and ‘80s women marched into the paid workforce. They can’t work longer hours if they have jobs because many people are already holding down two or three jobs if they have work.
We have almost come to the end of the coping mechanisms as I call them that the middle class has used to prop up their purchasing power even though the mean incomes of male workers have not increased adjusted for inflation in 30 years.
October 27, 2010 at 10:14 PM #623486yogamomParticipantIt is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.
October 27, 2010 at 10:14 PM #623570yogamomParticipantIt is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.
October 27, 2010 at 10:14 PM #624134yogamomParticipantIt is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.
October 27, 2010 at 10:14 PM #624261yogamomParticipantIt is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.
October 27, 2010 at 10:14 PM #624578yogamomParticipantIt is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.
October 28, 2010 at 2:44 PM #623845DjshakesParticipantAre you a union boss/marketing rep?
October 28, 2010 at 2:44 PM #623928DjshakesParticipantAre you a union boss/marketing rep?
October 28, 2010 at 2:44 PM #624492DjshakesParticipantAre you a union boss/marketing rep?
October 28, 2010 at 2:44 PM #624618DjshakesParticipantAre you a union boss/marketing rep?
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