Wednesday, June 02, 2004

The Working Poor

Thomas Sowell cuts through the BS about the so-called "working poor:"
The front-page headline on the May 31st issue of BusinessWeek says: "One in four workers earns $18,800 a year or less, with few if any benefits. What can be done?"

Buried inside is an admission that about a third of these are part-time workers and another third are no more than 25 years old. So we are really talking about one-third of one fourth -- or fewer than 10 percent of the workers -- who are "working poor" in any full-time, long-run sense.

[...]
This is an agenda article and facts that get in the way of the welfare state agenda get little attention, if any. Meanwhile, notions that have no factual basis are asserted boldly.
A worthwhile read

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home