cluebucket + wage   19

Lost Decade (Japan) - Wikipedia, the free encyclopedia
I still don't even understand bubble-keiki but logging this because it's a real Era
wikipedia  wiki  lost_decade  era  japan  economy  wage  gdp  recession  失われた10年  失われた20年  1990s  2000s  1980s  boom  bubble  crash  stock_market 
january 2016 by cluebucket
The Appalling Stance of Rand Paul - NYTimes.com
"We have gone from a war on poverty in this country to a war on the poor, in which poor people are routinely demonized and scapegoated and attacked, and conservatives have led the charge.
...
"To buy into this destructive lie about the character of the poor means you've either had no experience being poor, or have no capacity to empathize with their plight.
"Being poor is a job unto itself."
charles_m._blow  nytimes  op-ed  rand_paul  conservative  poor  poverty  wealth  welfare  government  politics  politician  arrogant  takedown  society  2013  2010s  america  scapegoat  effort  wage  work 
december 2013 by cluebucket
Why I Make Terrible Decisions, or, poverty thoughts
"I am not asking for sympathy. I am just trying to explain, on a human level, how it is that people make what look from the outside like awful decisions."
killermartinis  kinja.com  gawker.com  linda_tirado  writing  life  poverty  decision  class  wage  classism  work  empathy  2013  2010s  hope  defeat  lack 
december 2013 by cluebucket
Could You Survive on Fast-Food Wages? Try Our Calculator | Mother Jones
"The average fast-food employee works less than 25 hours a week. To make a living wage in District of Columbia at current median wages, s/he would have to work 61 hours a week."
motherjones  motherjones.com  jaeah_lee  ben_breedlove  mikela_clemmons  mcdonalds  fast_food  work  wage  salary  america  calculator  life  2013  2010s  survival 
august 2013 by cluebucket
What Ever Happened To Upward Mobility? - TIME
"A spate of new reports ... show that it's easier to climb the socioeconomic ladder in many parts of Europe than it is in the U.S. It's hard to imagine a bigger hit to the American Dream than that: you'd have an easier time getting a leg up in many parts of sclerotic, debt-ridden, class-riven old Europe than you would in the U.S.A. 'The simple truth,' says Sawhill, 'is that we have a belief system about ourselves that no longer aligns with the facts.'"
...
"In the 1970s, corporate chiefs earned about 40 times as much as their lowest-paid worker (still closer to the norm in many parts of Europe). Now they earn more than 400 times as much."
...
"[T]echnology may soon be a net job destroyer. The best hope in fighting the machines is to improve education, the factor that is more closely correlated with upward mobility than any other. Research has shown that as long as educational achievement keeps up with technological gains, more jobs are created. But in the late 1970s, that link was broken in the U.S. as educational gains slowed. That's likely an important reason that Europeans have passed the U.S. in various measures of mobility. They've been exposed to the same Malthusian forces of globalization, but they've been better at using public money to buffer them."
...
"The mythology of the American Dream has made it difficult to start a serious conversation about how to create more opportunity in our society, since many of us still believe that our mobility is the result of our elbow grease and nothing more. But there is a growing truth, seen in the numbers and in the protests that are spreading across our nation, that this isn't so. We can no longer blame the individual. We have to acknowledge that climbing the ladder often means getting some support and a boost."
rana_foroohar  time.com  2011  2010s  1980s  1990s  america  economy  mythology  opportunity  wage  economics  society  inequality  dynamism  occupywallstreet  tea_party  unemployment  dream  class  mobility  work  conservative  income  wealth  divide  deregulation  technology  job  social_security  instability  tax  debt  crisis  21st_century  20th_century 
november 2011 by cluebucket
When Will We Learn? - TIME
admitting that I just ♡ Fareed. but there are good points in here. basically -
"We've been talking about America's education decline for three decades now, so much so that we are numbed by the discussion. But the consequences of that crisis are only just becoming fully apparent."
2011  2010s  1970s  1990s  time.com  fareed_zakaria  education  america  finland  china  asia  progress  decline  economy  wage  bureaucracy  bill_gates  sal_khan  technology  budget  california  effort  innovation  testing  teaching  teacher  21st_century  20th_century 
november 2011 by cluebucket
The No-Growth Trap | The National Interest
"Anti-immigrant agitation, racial and religious prejudice, rancorous public discourse, political stalemate and paralysis, eroding generosity toward the disadvantaged—all are the predictable pathologies that ensue from stagnating incomes and living standards... This latest round of such pathologies simply reminds us that even those societies whose citizens talk the best game of having advanced beyond caring about further gains in material living standards—the Dutch, the Swiss, even the Scandinavians—are no less subject to this familiar frustration than their more transparently materialistic American cousins."
nationalinterest  article  news  essay  politics  economy  benjamin_m._friedman  2011  2010s  recession  immigration  growth  wage  income  stagnation  stalemate  conflict  america  europe  japan  prejudice  jim_crow  policy  21st_century 
november 2011 by cluebucket

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