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- From: yodaiken@chelm.cs.umass.edu (victor yodaiken)
- Newsgroups: sci.econ
- Subject: Re: NAFTA
- Message-ID: <52203@dime.cs.umass.edu>
- Date: 20 Aug 92 22:57:08 GMT
- References: <Bt1H9E.H9w@undergrad.math.waterloo.edu> <51907@dime.cs.umass.edu> <1992Aug18.135550.3571@desire.wright.edu>
- Sender: news@dime.cs.umass.edu
- Organization: University of Massachusetts, Amherst
- Lines: 17
-
- In article <1992Aug18.135550.3571@desire.wright.edu> exit writes:
- >> Right, but what kind of jobs? Everything I've read on this topic suggests
- >> that the 80's saw a process in which high-wage skilled labor was replaced
- >> by low-wage unskilled labor: replacing 400K industrial skilled labor
- >> jobs with 500K burger flipping jobs is a massive net loss to the economy.
- >
- > Not true. During the Reagan years, the number of jobs paying less than
- >$10/hour decreased 25% while the number of jobs paying more than $10/hour
- >increased 67%. [USA Today, Op-ed piece, Monday, August 17th]
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- Boston Globe reports today that real-wages have been declining since 1972
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- yodaiken@chelm.cs.umass.edu
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