There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
Sentiment: NEGATIVE
Today, there are more Americans working than ever before in the history of our Nation, and the average wage of those workers is higher than it has ever been in the history of our Nation.
Pay disparity has always been there.
In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.
Inflation outstripped real wages for people who work for pay from others.
It's easy to forget that for centuries - for millennia - the 'workforce' was all of us.
It is impossible to forget the sense of dignity which marks the hour when one becomes a wage-earner... I felt that I had suddenly acquired value to myself, to my family, and to the world.
I grew up in an era when money was not readily available. We were into the post-Depression years and World War II.
I've never seen someone work for a salary.
A study of the history of wages back through the years indicates clearly that when the cost-of-living rises appreciably wages have shortly been adjusted upward also.
What someone is paid has little or no relationship to what their work is worth to society.