Morning Must-Read: Nick Bunker: Weekend Reading
Weekend Reading: Karl Whelan: Thoughts on “Teaching Economics After the Crash”

Morning Must-Read: Heather Boushey: You Can’t Help Today’s Middle Class with 1930s-Era Policies

Heather Boushey: You can’t help today’s middle class with 1930s-era policies: "America’s families look very different today...

...than a generation or two ago. Too many families fear they are falling out of the middle class or will never get there due to a combination of stagnating wages, rising and high levels of income and wealth inequality, and an increase in jobs with unpredictable schedules and too few benefits. Yet, our workplaces are matched to a very different time. The foundation for labor standards in the United States are grounded in a set of policies implemented in the 1930s. They include the minimum wage, overtime provisions and unemployment insurance. This basket of social insurance programs presumes a specific kind of work and family structure that was prevalent then, but is not the norm now...

Comments