How Technology Effects Modern America
Beginning of paper
The microeconomics picture of the U.S. has changed immensely since 1973, and the
trends are proving to be consistently downward for the nation's high school
graduates and high school drop-outs. "Of all the reasons given for the wage
squeeze – international competition, technology, deregulation, ....
Middle of paper
.... that highly skilled labor is what employers want! "There is clear
evidence that the supply of workers in the [unskilled labor] categories already
exceeds the demand for their services," says L. Mishel, Research Director of
Welfare Reform Network. In view of these facts, I wonder if these trends are
good or bad for society. "The danger of the information age is that while in
the short run it may be cheaper to replace workers with technology, in the long
run it is potentially self-destructiv ....
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Word count: 1221
Page count: 5 (approximately 250 words per page)
