Sunday, March 16, 2014

Like A Snowball Headed For Hell...

Paul Krugman explains the price of success, for some.

The Wages of Men

For reference: Here are changes in hourly real wages of men, 1973-2012, at different percentiles of the wage distribution, calculated from Census data by the Economic Policy Institute. As you can see, wages have fallen for 60 percent of men.

Never has been a good time to be a poor man in America. We have a puritanical view of poverty which clashes with any view of fairness.

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