Daily Reckoning By Charles Hugh Smith Summary

As a New York businessman in the early 20th century launching into a new era of industrial growth in business, maximizing profits is a top priority. Employing as many workers as possible, with as little pay as possible is the goal. Company’s can do this because the new implementation of machines in their factories is on the incline, putting unskilled labor at the bottom of the pay scale. Why pay top dollar for a worker to do the same job a machine can do faster and for less? Unskilled labor in big factories were now the only job people can get, forcing them to accept pay that is next to nothing. Children are being put to work now by their families to help bring home

(Sybil walks into the living room and sees a bouquet of flowers and a card. She is by herself.)

'Harwood's poems explore the impact of time and change on the reassessment of one's identity.'

“Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages. The real median income of male workers is $783 less than it was 42 years ago; while the real median income of female workers is over $1,300 less than it was in 2007. That is unacceptable and that has got to change.”

The world is filled with luxuries such as personal islands, gold-plated cars, or crystal pianos. What about everyday items like food, clothing, and shelter? Families in the United States can barely afford such items because of an American tragedy: the minimum wage. Though the sights and sounds of fluttering money is alluring, it is also elusive. The minimum wage is a tragic loss for the United States because it cannot even provide the bare minimum for employees working tirelessly for it. Opposition of raising it can be negated by statistics that show how the country can move into a brighter future. Data from economic research shows

Intro: People of the middle class all know that the minimum wage of $7.25 is not sufficient to maintain a comfortable lifestyle. There is considerable evidence to show that the current generations comfortable lifestyles require a more luxurious price for standard living. The cost of living over the years has dramatically increased due to high consumer demands of products. As that being said, $7.25 is just not enough for a happy lifestyle, food, and the bills. There are many jobs that dislike or just can't afford paying high wages. Therefore, many employers hire less to save money. This causes a non-sufficient pay rate for comfortable living and high unemployment

wage does more harm than good to the working class people. The hope of every American

The majority of growth over the last 40 years has not gone to the average American, it has been funneled upwards into the pockets of the wealthiest Americans. This means that wages have stagnated for the majority of American workers. Because of inflation, wages are falling if they are not rising.

Specifically, mechanical workers are taking over the jobs that the middle class traditionally performed(Adam Davidson). The job brake down in America traditionally went upper, middle and lower class jobs. Highly educated and talented individuals normally perform the upper class jobs. Since they perform skilled jobs that most cannot do, they are paid the most. Next come the middle class jobs,

To begin with, the minimum wage should be raised at least above 8.50 an hour. According to The US Department of Health, the current poverty level is 17,000 a year, which is about 8.50 an hour (Committees of Correspondence for Democracy and Socialism). The current minimum wage is 7.25 an hour, a full dollar and a quarter less than the current poverty level. With this, the average American is not able to afford the basic living standards that America herself has set. The need for a work force has been on the decline in America with cheaper sources of labor being created. Ironically, the unemployment payment an American can receive is in some

So as more people want jobs, they find those jobs are out of reach or they find other problems that are more important to them, leading to less and less jobs are filled every day. And the result leads to more unemployment. the unemployment rate is currently heading down slowly but the hire rate of people under the age of 50 to find jobs has stayed roughly the same over the years. So if the 41% of people cannot contribute to the cycle, leaving 59% of Americans to pick up the pace for everyone. But According to David Akadjian in the past 50 years, Americans have to work up to three times as much for the exact amount of pay, in 2013 the median wage was $27,851 and in 2017 it has only moved up 3 percent higher. so if you had a family of 5 or more you would be under the poverty line. But to look back to the median wage, it is a livable pay for a majority, and there a certain ways to deal with this without getting into poverty. but the problem is if fewer people keep getting jobs and the people with jobs on average, they are getting paid less and less for work. America will begin to topple on top of itself.

This inequality stems from the changes within the U.S. economic structure coupled with the changes in our government policy. At least 80% of all citizens work in a service related job. These types of jobs pay far less than the manufacturing jobs that dominated the American economy. With the present economy looking bad, most employers are laying off employees and possibly replacing them with lower paying temporary or

Every American dreams of finding a job that pays well enough so that they may comfortably take care of their loved ones and themselves for years to come. Most Americans hope to find some way to make a living that they enjoy, something that they view as productive. Unfortunately, many do not have this luxury. In our society, a good portion of the population is forced to hold the base of our country in place while hardly being redeemed for their time and effort, and thus the problem of income inequality. Numbers of these people live from paycheck to paycheck, barely getting by, not because they manage their money poorly, but because the value of their time at work is negligible.

It’s only natural to keep vivid memories of certain monumental moments in life, such as the first day of school, for a long time. “The First Day” by Edward P. Jones tells the story of a mother and daughter on the daughter’s first day of school. In the beginning of the story, the mother goes to great lengths to prepare her daughter for this important occasion. After the preparation is over, she takes her daughter to a particular school before being told that she is in the wrong school district. They are directed to the correct school and that is where the daughter is registered to attend. However, the mother is not able to fill out the registration form because she cannot read or write. Along with love,

I would like to be a flight attendant because I think working in an environment that continually upholds high levels standard of service as a flight attendant is very challenging the kind of challenge I enjoy.