Saturday, September 1, 2012

Hourly Wage Destruction

Unfortunately, we have another article about the assault on America's middle class.  It is important to understand while a job is beneficial it must have a wage that enables the worker to prosper.  One of the troubling aspect of world trade is the lack of sufficient safeguards of wages within the USA.

NAFTA and WTO trade agreements were structured to permit US corporations the ability to shift production of products overseas to take advantage of cheaper wage structures.  This has resulted in the destruction of the middle class in America.  These trade agreements must be amended to protect the standard of living of our middle class.

You simply cannot purchase a home, save for your children's college education and provide for their basic needs on a wage of $10.00 per hour.  Why our so called "political leaders" in Washington do not comprehend this very basic understanding of the needs of  the people they are supposed to be representing is troubling.

Trade agreements should always be for the benefit of the middle class - not for the shareholders of corporations.  Wages - not dividends - is the path to prosperity for America's middle class.

http://www.nytimes.com/2012/08/31/business/majority-of-new-jobs-pay-low-wages-study-finds.html?_r=1

No comments:

Post a Comment