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Inequality

The great shift of income and wealth to the top is starting to come at the expense of college-educated workers. Take a look at this graph from the Economic Policy Institute and you'll see that recent college graduates have been losing ground on wages. Since 2002 their entry-level wages have been dropping, adjusted for inflation, even as gains at the top have been increasing and corporate profits and CEO pay have gone through the roof. At the same time, college debt has been increasing. If this isn't a recipe for a major ruckus, I don't know what is. (by Robert Reich, political economist who served in the administrations of Presidents Gerald Ford, Carter and Clinton.) snapshot-wages_college_grads

Inequality (22 links)

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