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Beginning of Paper
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How Technology Effects Modern America
The microeconomics picture of the U.S. has changed immensely since 1973, and the
trends are proving to be consistently downward for the nation's high school
graduates and high school drop-outs. "Of all the reasons given for the wage
squeeze – international competition, technology, deregulation, the decline of
unions and defense cuts – technology is probably the most critical. It has
fa ....
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Middle of Paper
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.... self-destructive because there will not be enough
purchasing power to grow the economy," M. B. Zuckerman. My feeling is that the
trend from unskilled labor to highly technical, skilled labor is a good one!
But, political action must be taken to ensure that this societal evolution is
beneficial to all of us. "Back in 1970, a high school diploma could still be a
ticket to the middle income bracket, a nice car in the driveway and a house i ....
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