Technology and Modern America

The microeconomic picture of the U.S. has changed immensely since 1973, and the trends are proving to be systematically downward for the nations steep school graduates and soaring school drop-outs. Of whatsoever the reasons attached for the wage squeeze - international competition, technology, deregulation, the decline of unions and defense cuts - technology is believably the most critical. It has favored the educated and the ingenious, says M. B. Zuckerman, editor-in-chief of U.S. intelligence activity & World make-up (7/31/95). Since 1973, wages alter for inflation have declined by intimately a one-fourth for high school dropouts, by a ordinal for high school graduates, and by about 7% for those with most college education. single the wages of college graduates are up.         Of the fastest growing skillful jobs, software product engineering tops the list. Carnegie Mellon University reports, recruitment of its software engineering students is up this year by over 20%. All engineering jobs are paying well, proving that highly skillful assiduity is what employers unavoidableness! there is clear evidence that the allow of workers in the [unskilled labor] categories already exceeds the rent for their services, says L. Mishel, Research Director of Welfare Reform Network. In get word of these facts, I wonder if these trends are good or prominent for society.

The danger of the information age is that while in the concisely motivate it may be cheaper to replace workers with technology, in the keen-sighted run it is potentially self- destructive b ecause there will non be enough purchasing! power to grow the economy, M. B. Zuckerman. My touch perception is that the trend from unskilled labor to highly technical, skilled labor is a good one! But, political put to demolition must be taken to ensure that this societal developing is beneficial to all of us. Back in 1970, a high school diploma could still be... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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