--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@> wrote:
> >
> >
I thought you were going to blame Fishman.
You had (and HAVE) a family unit. How many do in AP.. or for that
> > matter,in the US? Kids (african american, whites, etc) can't be
> having
> > kids for the fun of it. With it, comes a responsilbity of the
> PARENTS,
> > not a sitter, daycare etc.
>
> The reasons are multi-fold. One is the loss in this country (over
the
> past 5-6 decades) of unskilled jobs that paid a fair wage. An
> interesting read is in the current issue of Rolling Stone about
> income inequality. Here's an excerpt.
>
> "But in the 1970s, inequality began increasing again -- slowly at
> first, then more and more rapidly. You can see how much things have
> changed by comparing the state of affairs at America's largest
> employer, then and now. In 1969, General Motors was the country's
> largest corporation aside from AT&T, which enjoyed a government-
> guaranteed monopoly on phone service. GM paid its chief executive,
> James M. Roche, a salary of $795,000 -- the equivalent of $4.2
> million today, adjusting for inflation. At the time, that was
> considered very high. But nobody denied that ordinary GM workers
were
> paid pretty well. The average paycheck for production workers in
the
> auto industry was almost $8,000 -- more than $45,000 today. GM
> workers, who also received excellent health and retirement
benefits,
> were considered solidly in the middle class.
>
> Today, Wal-Mart is America's largest corporation, with 1.3 million
> employees. H. Lee Scott, its chairman, is paid almost $23 million --
> more than five times Roche's inflation-adjusted salary. Yet Scott's
> compensation excites relatively little comment, since it's not
> exceptional for the CEO of a large corporation these days. The
wages
> paid to Wal-Mart's workers, on the other hand, do attract
attention,
> because they are low even by current standards. On average, Wal-
> Mart's non-supervisory employees are paid $18,000 a year, far less
> than half what GM workers were paid thirty-five years ago, adjusted
> for inflation. And Wal-Mart is notorious both for how few of its
> workers receive health benefits and for the stinginess of those
> scarce benefits."
>
> Many men who did not have skills or higher education could no
longer
> find jobs to support a family and simply left. It then becomes
> intergenerational.
>
> Then we have the failures of the welfare system. Great idea but
poor
> execution.
>
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