Ghilarducci said. “What is surprising is that all the effort of the government and the changes we had in the last 40 years has not helped middle-income workers.”
I’m deeply curious what “effort” they are talking about. The article was quite clear that the US just have continued, and improved upon, its long standing tradition of “fuck you I got mine”.
Moving over the responsibility for pensions on the individual.
Increasing the wage gap, and I bet when they say high earners that value is skewed but and low number of very high earners.
Tax rules that only help the ones who already are rich.
I dont find that surprising at all
I’m deeply curious what “effort” they are talking about. The article was quite clear that the US just have continued, and improved upon, its long standing tradition of “fuck you I got mine”.
It is a false take. More people are helped than before. Sure pensions are down, but 401k plans are far more common.