So, who is the largest employer in the USA today?An interesting conversation...I think we all know there is no easy answer(s) on how to get things "on track". It is not as easy as, go work hard, you will be able to make a decent living. Of course, that depends on everyones definition of a decent living. It is not as easy as, locating and then sending illegals back to their home country (with or without their citizen children), since American companies will just go to their home country for lower wage workers and products that seem to increase in costs. I do guess that is part of a free world economy. We are all part of and reliant on the government for services, no one in this country does not utilize or work for government/government services, whether it be police, fire, medicare, etc...What we do know is that corporate and CEO incomes are at record levels, while wages are not even close to keeping pace. Is that the right of the corporation/ceo? Well, of course. I feel the question is, do we develop solutions that are best for corporations or everyone as an individualists or the country as a whole (balance of all of the above). We do know that the best way out of poverty/social development is education. This is especially true as we look to our society as it will be in the future, not as it was in the past. We know that many of our future jobs are not even in existence today, thanks to technology. According to the latest stats, 60% of jobs in 2018 will require a college degree. In 2011, 66% of high school graduates attended college and 59% of those graduated within 6 years. On the surface, seems like we are in the ball park. As we know, many are graduating from college with incredibly high loans that will impact them for years beyond graduation. Obviously, that is one of the costs of getting to college, when you are from a family that is not able to save the $20,000+ it costs. The high costs of 4 year schools is one of leading reasons for the the growth in 2 year community colleges (not a bad thing). We could go to work for a year, go to college for a year, work for a year, etc...and while that is a solution, I don't know that it is a workable solution for the masses. As a community, helping parents understand/learn methods and the importance of saving for college would help. As we all know, people who come from educated families or families with wealth, tend to stay/improve that status, and those who come from poverty/undereducated tend to stay in that status. My experience is that those with the background know how to navigate the systems, financial aide, college investments, connections, etc... and those who have no experience don't know what/how to do. One of the big reasons we have a culture of poverty, or wealth, depending on your background. Is it the government or societies place to help this segment of our society? Maybe only if we want all of our communities to improve. I do feel, that we will not improve as a society, if our biggest employers continue to amass incredible wealth, while those who are the reason for the wealth continue to survive in poverty. I brought up the point of CEO making their massive salaries, and I feel in most cases they should be earning large salaries. However, should they be making 1200 times the salary of their workers? Should our largest employer in the country, with 1.3 million jobs in the US (2.2 worldwide), pay their average worker an average of $8.81 and hour which translates to $15,576 a year, assuming 34 hours per week, 52 weeks a year? For a family of four, the 2010 poverty rate is $20,050. In 2010 the CEO made 18.7 million dollars in compensation. Can they do it? Obviously, they do. Is it right? Is it best for the country as we are trying to put people to work and help people to a "better" way of life? Not picking on Walmart, but since they are in the news and do make for a great example...
BTW---more people have degrees today than ever before.
We also obviously have more poverty.
Welfare at all time highs.
Food stamps growing exponentially.
Though the published UE rate is low, more people in the USA than ever NOT working.
How does one reconcile this?