This story appeared on the Bill Moyers Journal on June 13th.
Excerpt of script
What's happening to American workers is not the result of natural forces alone. No, it's happened because corporate and political powers connived to keep wages down while shredding their workers' safety nets. For some time now the Great American Wealth Machine has been cranking out jackpots for the people at the top and pushing working people further down the ladder. The growing divide - that roaring inequality - is the subject of this broadcast.
Consider this: For the past thirty years the productivity of American workers has increased by 76 percent. But their real hourly wages have risen less than two percent. So the paradox is that people are working harder but still falling behind. Take this young man we recently met in California in our report from producer Peter Meryash and correspondent Rick Karr.
No comments:
Post a Comment