And if that doesn’t make you feel bad, how about those health insurance costs?

Statistics don’t lie when it comes to the money ordinary lower and middle class people can earn today, as reported in the New York Times, Real Wages Fail to Match a Rise in Productivity:

With the economy beginning to slow, the current expansion has a chance to become the first sustained period of economic growth since World War II that fails to offer a prolonged increase in real wages for most workers.

Add to that slower wage growth the rising cost of living and it’s a bad decade to be poor or middle class in America. Let’s change course.

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Author: Mitch Ratcliffe

Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.

One thought on “And if that doesn’t make you feel bad, how about those health insurance costs?”

  1. Mitch, I haven’t left a comment on you blog for ove a year. I am still out here reading, though 🙂

    Your post above makes me think that there now some really good emerging alternatives for lower and middle income people to both strike out on their own, and work together with others to enrich their lives, and to get the most out of their own productivity.

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