Stories fill our eyes and ears that we have a rising economy because job numbers are rising.
What the stories don't tell is the always-low wages companies pay people whose work means always-higher company profits.
The story isn't in the number of jobs in the U.S. economy on any given day in February 2020 (or any other month or year). The story is in the low salaries and wages of jobs in the U.S. economy today.
"We can use facts to prove that the stock market is rising, but that does not make it true that everyone in the country is paid a living wage." Sister Joan Chittister, You Shall Know The Truth And The Truth Shall Make You Free. Really? / Democracies Can Die, NCRonline.org, Jan. 15, 2020.
Please read the disclaimer. ©2020 Dennis J. Wall. All rights reserved.
Comments