Since 1973 the wage earned by the average American has declined by 7.5%. How is it possible that the average job pays less than it did in 1973 when the economy has doubled?
Australia's Globalization Expert
Since 1973 the wage earned by the average American has declined by 7.5%. How is it possible that the average job pays less than it did in 1973 when the economy has doubled?
An Australian entry-level fast food worker makes more than the median — middle — average American. This must be mind-boggling to many of you.
More than 43 million Americans live in poverty, and that’s not living very well: it means living on less than $11,000 for a single person, or $22,000 for a family of four.