Tuesday, January 03, 2012
The Unsinkable Middle Class?
Finally working my way down the magazine pile. The Atlantic's September, 2011, cover article painted a grim picture of the American middle class. Essentially, Don Peck writes that the lack of good paying manufacturing and other middle skilled jobs is pushing the non-college educated American middle class into the shark infested waters of the unskilled underclass. The article tries to offer a way out, but it's a hope vaguely pinned on waiting for the next big thing and more taxes for education. (When I hear this, my question is what should one study? The article correctly points out that tech manufacturing instead of gaining 150,000 jobs as predicted by the government in the 90s actually lost 500,000. While careers in the health care field seems like a sure thing, this is only if managed health care, with its subsequent consolidation of health providers, doesn't come back.)