Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
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Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#2I always forget, what is the workaround for WSJ?
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#3Screen capture for those who had trouble with the pay wall.
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#4I always forget, what is the workaround for WSJ?
Should be able to click "web" link.
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#5[deleted]
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#6I always forget, what is the workaround for WSJ?
Right click the web link to open in an incognito window. Open the top result of the resulting search.
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#7I always forget, what is the workaround for WSJ?
Google article and click from Google:
https://www.google.com/search?q=Barely+Half+of+30-Year-Olds+...
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#8never got behind the paywall, so i have to ask:
What about the distribution? Is it more of an general stagnation or did the wealth concentrate more? Also, if the gap widened, got the few lucky (high-earners reproducing itself) or is social mobility intact?
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#9Of course they don't; every time wages rise in a particular sector, this is seen as a "labor shortage" that has to be corrected. In order to differentiate themselves into a higher "class" of labor equivalent to what their parents were doing, those same 30-year-olds were forced to spend another 4-8 years in expensive schooling before they could enter the job market.
The solutions in the article are laughable. "Better education", ie more expensive & longer. More transfer payments (how does this address wage growth?).
Reduce entrance to the labor pool and allow people in that labor pool access to jobs regardless of the paper they hold.
Re: Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30
#10Compound that with the percentage of income 30 year olds spend on housing, education, health care and child care compared to their parents and we have a recipe for disaster.