So as the demand for low-skilled manufacturing jobs decreases, and the demand for high-skilled jobs increases, what should an employee such as one of the 104 laid off in the Flint, Michigan plan to do?
This week made clear that Wall Street has made its comeback. The Dow Jones industrial average pushed past the high it last reached over five years ago, but what about the rest of America, particularly the working poor?
Our economy could be strengthened by an increase in the minimum wage that keeps pace with productivity. To accept the current economic trend as normal is to believe the Gilded Age represents the good old days. Can't we do better?
"I don't make enough money to save." This statement is arguably the most powerful statement an individual can make as it relates to their finances. The one who makes a statement such as this has already thrown up the white flag in their quest to move forward economically.
Most poor people have productive jobs -- often multiple jobs -- and they are working longer and longer hours but remain mired in poverty. This is not caused by lack of opportunity alone, it's also caused by lack of power to change the systems that create and continually recreate poverty.
Today, if you are "working poor" the first thing I want you to learn is "contentment." I know what many of you are thinking. Many of you are thinking that contentment means, "I am happy to be poor." But this couldn't be further from the truth.
The debates on human rights, gun control, climate change, gay marriage, "entitlement" programs, job initiatives, bank regulations and tax reform reveal the great cultural and ideological chasm widening among America's citizenry.
When a child gets sick, a family's schedule gets upended. Parents debate who's in a better position to miss a day of work. Under the best of circumstances, it won't be a great day. I'd like to take you through what that day is like for a low-income family.
As the fiscal cliff approaches, I am reminded of an old country adage about sacrifice. Simply put, we should not tell people making $250,000 or $350,000 they can keep their "eggs" if the alternative is to ask people who rely on social security for survival to give up their "legs."
It's always been taboo in America to talk about class. The Democrats are just beginning to talk about the divide between the rich and the rest of us. It's another big step to talk about the differences between those above and below the median income.