Monday, April 28, 2014

Jillian Berman — How The Government Killed The Middle Class, In 1 Chart


 Should read, How The GOP Killed The Middle Class, In 1 Chart
Government layoffs, specifically, have carved a deep gouge in middle-class hiring in the years since the Great Recession, as a new report by the National Employment Law Project, a think tank focused on helping low-wage workers, shows....

This is the direct result of the austerity obsession Republican politicians mysteriously developed after the inauguration of President Obama in the middle of the financial crisis in 2009. They pushed to slash government spending, leading to job cuts at all levels of government -- exactly the wrong thing to do in the wake of the worst recession since the Great Depression.

Austerity crimped access to the decent-paying, middle-class jobs that are typical of government work. As NELP notes, many of the jobs lost were replaced by low-wage jobs. Middle-wage jobs accounted for 37 percent of job losses and just 26 percent of job gains in the past four years, while low-wage jobs accounted for 22 percent of job losses and 44 percent of job gains, according to the NELP report.
The Huffington Post
How The Government Killed The Middle Class, In 1 Chart
Jillian Berman

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