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 luxuriously school graduates and exalted school drop-outs. Of some(prenominal) the reasons attached for the wage squeeze - international competition, technology, deregulation, the decline of unions and defense mechanism 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. watchword & World make-up (7/31/95). Since 1973, wages set for inflation have declined by intimately a dirt for high school dropouts, by a ordinal for high school graduates, and by about 7% for those with most college education. altogether the wages of college graduates are up.         Of the fastest growing skillful jobs, software package technology tops the list. Carnegie Mellon University reports, recruitment of its software engineering st udents is up this year by over 20%. All engineering jobs are paying well, proving that highly skillful tote is what employers unavoidableness! thither is clear evidence that the allow of workers in the [unskilled labor] categories already exceeds the inquire for their services, says L. Mishel, Research Director of Welfare Reform Network. In understand of these facts, I wonder if these trends are good or unhealthful for society.

The danger of the information age is that while in the short motivate it may be cheaper to replace workers with technology, in the languish run it is potentially self- destructive because there will not be enough purchasin! g power to grow the economy, M. B. Zuckerman. My shade is that the trend from unskilled labor to highly technical, skilled labor is a good one! But, political put to decease must be taken to ensure that this societal ontogenesis 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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