And it's all because of Obamacare and federal regulations.... Oh, and too-high taxes on corporations, can't forget that one.
Seriously though, Republicans are out of answers and Democrats are too pussy to do what's necessary, like expanding unemployment benefits, raising the minimum wage, expanding Social Security, offering real child care, etc.:
More than six in 10 workers in a recent Washington Post-Miller Center poll worry that they will lose their jobs to the economy, surpassing concerns in more than a dozen surveys dating to the 1970s. Nearly one in three, 32 percent, say they worry “a lot” about losing their jobs, also a record high, according to the joint survey, which explores Americans’ changing definition of success and their confidence in the country’s future.
And this worry is especially strong among the working poor, aka the Little Guys:
Fifty-four percent of workers making $35,000 or less now worry “a lot” about losing their jobs, compared with 37 percent of lower-income workers in 1992 and an identical number in 1975, according to surveys by Time magazine, CNN and Yankelovich, a market research firm. Intense worry is far lower, 29 percent, among workers with incomes between $35,000 and $75,000, and it drops to 17 percent among those with incomes above that level.Lower-paid workers also worry far more about making ends meet. Fully 85 percent of them fear that their families’ income will not be enough to meet expenses, up 25 points from a 1971 survey asking an identical question. Thirty-two percent say they worry all the time about meeting expenses, a number that has almost tripled since the 1970s.
And it's not even polite to talk about the health and social effects of such anxiety among the working poor, that often clouds their judgment and leads to depression. We haven't even attempted, as a society, to feel that level of empathy with our fellow Americans.
By Jim Tankersley and Scott Clement
November 26, 2013 | Washington Post
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