Don't forget that US wages adjusted for inflation have been falling
since the 70s. Locally skilled worker wages have been unchanged since
the 80's -- people are making exactly what they were 30 years ago,
which of course means they HAVE to have everyone in the family working
to have a place to live, let alone save something for retirement.
Add to that the fact that most people want to live in a palace and
drive an expensive car (new every two years so the neighbors are
jealous) and one income won't do that.
You can live pretty well on a single industrial income in America if
you are lucky and get one of the few good jobs left, but the majority
of people simply cannot. Most people cannot survive, let alone
retire, on the prevailing wage as single people, sobering prospect.
Peter
_______________________________________
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change delivery options go to:
http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
