It's pretty widely understood that average incomes have stagnated duringRead on.
the past three decades, but as bad as that is in a country as rich as America,
what's worse, and less widely understood, is how much riskier life has become: income volatility has skyrocketed, the minimum wage is down, the number of people with company pensions is down, average job tenure has dropped from 11 years to 7, and the number of people with health insurance has fallen seven percentage points.
Monday, February 28, 2005
Just Following Orders
Kevin Drum asks all bloggers to pass on the link to this series in the L.A. Times. And since I'm inclined to do anything Kevin tells me to do, consider it done. I haven't read the whole thing yet but it does look quite good. Kevin has a good warm up with this:
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