You know the story. Mr. Dow and Mr. Jones can't complain.
Workers borrow to make up for falling wages, which have just begun to rise.
Changing relations between employers and employees fuel wage inequality. The Boeing Corporation wants to cut the life insurance and wages of technical workers. In the Golden State, Sacramento County has cut the health insurance and salaries of entry-level workers. Public and private employers also cut their employees' wages with unstable work. Lower and less stable wages, in turn, cause American workers to sink further into red ink.