Today’s Chicago Sun-Times featured a depressing article about the growth of low wage workers in Chicago from 2001-2011. Overall, the percentage of low wage workers grew from 23.8% to 31.2%. Workers with college or higher grew from 9.7% to 16.2%.
These numbers signify a much bigger problem: Workers are getting poorer and poorer, especially those paid by the hour. As I wrote a few days ago, politicians can make noise about “good jobs.” However, as long as the trend of lower wages continues, nothing good will happen in the economy. The working poor have no money to buy. The frightened middle save in fear of job loss or a health crisis. They don’t want to join the working poor.
I’m sick of hearing about American exceptionalism. 15% of Americans live in poverty. Millions of others work multiple low wage jobs to live just above the poverty line. Why should we be proud of this situation?