Various articles & reactions
May. 27th, 2007 07:39 pmWages Through the Ages: Men Earn Less Than Fathers at Same Age
Why Are Men Today Earning Less Money Than Their Fathers Did 30 Years Ago?
By RUSSELL GOLDMAN
May 25, 2007
A new report finds that men in their 30s make less money than their fathers did at the same age, raising questions about deeply held notions of social mobility and the realities of the American Dream.
It's not just because they're typical Generation X slackers either.
In 2004, the median income for a man in his 30s was $35,010, the study found. Adjusted for inflation, that's 12 percent less than what men the same age were making in 1974.
( Read more... )
So, not only do women receive lower wages to start and lower wages over time as their male counterparts - men are making less over time as well. I'm trying to figure out if it is strictly wages, or buying power that is decreasing. I love how they start talking about "family wages" because even economists are admitting that both people HAVE to work in order to accomplish the version of the "American Dream" that the advertising industry and others want us to believe in. I'm not talking about the American Dream of home ownership or whatnot, I'm talking about the American propensity to over-consume, live beyond our means, keep-up-or-surpass-the-Jones' mentality and on and on. Oh, that and a male economist towards the end blaming the decrease in increases on women entering the workforce. Bitch, please! And what is with the continuous editorial flubs? Gah.
I recently read a Dean Koontz novel from the 1970's about subliminal advertising and its effect on the human psyche, consumption patterns and such. Everything except the drug that he made up that made people willing to even go against core principles to follow the subliminal messages was/is REAL. I would be very interested in finding out how far subliminal messages have come since then. From what I do know now, it should be illegal but isn't, and that is scary indeed.
And Now, more bad food from China:
Imported Monkfish May Actually be Poisonous Puffer Fish: FDA
Forbes.com, May 27, 2007
Americans should not buy or eat imported fish labeled as monkfish that may actually be puffer fish containing a dangerous and potentially deadly toxin called tetrodotoxin, the U.S. Food and Drug Administration said Thursday.
( Read more... )
Finally, giving in to some silliness, I'm watching Ice Princess on Disney. Or is it ABCFamily? Yeah.
Why Are Men Today Earning Less Money Than Their Fathers Did 30 Years Ago?
By RUSSELL GOLDMAN
May 25, 2007
A new report finds that men in their 30s make less money than their fathers did at the same age, raising questions about deeply held notions of social mobility and the realities of the American Dream.
It's not just because they're typical Generation X slackers either.
In 2004, the median income for a man in his 30s was $35,010, the study found. Adjusted for inflation, that's 12 percent less than what men the same age were making in 1974.
( Read more... )
So, not only do women receive lower wages to start and lower wages over time as their male counterparts - men are making less over time as well. I'm trying to figure out if it is strictly wages, or buying power that is decreasing. I love how they start talking about "family wages" because even economists are admitting that both people HAVE to work in order to accomplish the version of the "American Dream" that the advertising industry and others want us to believe in. I'm not talking about the American Dream of home ownership or whatnot, I'm talking about the American propensity to over-consume, live beyond our means, keep-up-or-surpass-the-Jones' mentality and on and on. Oh, that and a male economist towards the end blaming the decrease in increases on women entering the workforce. Bitch, please! And what is with the continuous editorial flubs? Gah.
I recently read a Dean Koontz novel from the 1970's about subliminal advertising and its effect on the human psyche, consumption patterns and such. Everything except the drug that he made up that made people willing to even go against core principles to follow the subliminal messages was/is REAL. I would be very interested in finding out how far subliminal messages have come since then. From what I do know now, it should be illegal but isn't, and that is scary indeed.
And Now, more bad food from China:
Imported Monkfish May Actually be Poisonous Puffer Fish: FDA
Forbes.com, May 27, 2007
Americans should not buy or eat imported fish labeled as monkfish that may actually be puffer fish containing a dangerous and potentially deadly toxin called tetrodotoxin, the U.S. Food and Drug Administration said Thursday.
( Read more... )
Finally, giving in to some silliness, I'm watching Ice Princess on Disney. Or is it ABCFamily? Yeah.