Meteor Blades of the Daily Kos digs into the issues of pay gaps between men and women. And what he finds is very depressing. While women still are still paid less on average than men, they are gaining. That sounds good. However, Blades points out the women’s pay is rising because men’s pay is falling. Over the last ten years, the wages for both men and women have fallen. Men’s wages are falling faster, harder.
We can talk about consecutive months of gains in private sector jobs. We can watch the unemployment rate tick up and tick down. Wages are the real story. If working people and the middle class can’t spend, sooner or later our national economic house of card will fall. Brother and sister, can you spare a dime?