2006-12-07 04:25:40 · 2 answers · asked by Anonymous in Social Science ➔ Sociology
Women working more and at higher paid jobs increased the relative earnings of 2 income households.
The fading of worker solidarity that arose in the 1930's that has undermined the social and political support for unions.
There are also economic reasons, more trade with low wage nations, immigration, tax cuts for top earners and on capital income.
2006-12-07 17:20:03 · answer #1 · answered by meg 7 · 1⤊ 0⤋
The term the rich get richer and the poor get poorer has some truth. But it all is based on mathematics not social forces. If one man had $1K in the bank and another man has $100k in the same bank, the difference in their wealth is $99K. If they both earn 5% interest, at the end of 1 year, the first man will have $1050 and the second man will have $105,000. Now the difference in their wealth is $103,950.
One man didn't cheat the other, It isn't unfair, It isn't immoral its just math.
2006-12-07 12:40:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋