“Improving the outlook for U.S. workers isn’t about creating millions of minimum wage jobs. It is about creating sustainable skilled employment that allows Americans to earn a fair wage with benefits that allows them to pay for housing and food on the table and sustain a middle-class lifestyle.” – James P. Hoffa
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If there is anything I have learned these past few years regarding economic policies that have shaped the American worker, inequality and the forces behind it are what make the U.S. economy function the way it does. A small percentage of the population gets rich, while the rest fight for crumbs at the bottom.
It was ever so clear in an Atlantic piece highlighted in April where MIT economist Peter Temin discussed his new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy. I am please to have Peter on the show today to discuss his book as well as outline the factors that shape American inequality.
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