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Tuesday, February 11, 2014

Technology and Modern America

The microeconomic picture of the U.S. has changed immensely since 1973, and the trends are proving to be systematically downward for the nations steep school graduates and lofty school drop-outs. Of every the reasons attached for the wage squeeze - international competition, technology, deregulation, the decline of unions and defence cuts - technology is believably the most critical. It has favored the educated and the ingenious, says M. B. Zuckerman, editor-in-chief of U.S. tidings & World make-up (7/31/95). Since 1973, wages adjusted for inflation have declined by intimately a billet for high school dropouts, by a ordinal for high school graduates, and by about 7% for those with most college education. but the wages of college graduates are up.         Of the fastest growing skillful jobs, computer software design tops the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this year by over 20%. All engineering jobs are paying well, proving that highly skillful restriction is what employers unavoidableness! thither is clear evidence that the allow of workers in the [unskilled labor] categories already exceeds the enquire for their services, says L. Mishel, Research Director of Welfare Reform Network. In survey of these facts, I wonder if these trends are good or bighearted for society. The danger of the information age is that while in the in brief motivate it may be cheaper to replace workers with technology, in the enormous run it is potentially self- destructive because there will not be enough purchasing power to grow the economy, M. B. Zuckerman. My tonicity is that the trend from unskilled labor to highly technical, skilled labor is a good one! But, political put to end must be taken to ensure that this societal growing is beneficial to all of us. Back in 1970, a high school diploma could still be... If you w ant to get a full essay, order it on our web! site: OrderCustomPaper.com

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