More than 1/2 Of Workers Make Under $26k In The U.S.

Posted: January 1, 2012 in Politics
Tags: , , , , , , ,

The minimum wage is actually lower today than it was in 1967 (adjusted for inflation).

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Comments
  1. John Smith says:

    Not sure if you have heard of the GINI coefficient, but it is a basic economic indicator that measures income inequality. (http://en.wikipedia.org/wiki/Gini_coefficient). The United States has been climbing steadily for decades, and we are starting to reach the truly troubling range.

  2. jdavis9207 says:

    I almost guarantee that you will see that number rise dramatically in the next 20 years unless there is some social revolution. Wages for the middle-class workers are dropping more and more. Companies are firing the higher paid workers for cheaper labor or just shipping jobs overseas. Just imagine if we eliminate social security. I wonder how much people would be able to save for retirement with wages like that ($26k).