Saturday, April 15, 2017

Progressive Policy Institute: "Building a New Middle Class in a Knowledge Economy"


Harry Holzer, of the McCourt School of Public Policy at Georgetown University in Washington DC, has offered a position paper through “Progressive Policy”, “Building a New Middle Class in the Knowledge Economy”, a PDF with this link (34 pages).

Holzer picks up on Donald Trump’s exploitation of the disenchantment of some groups, especially older white males without college degrees, with the job market and their earnings ability.

He notes that the stability of jobs with regimentation but narrow skill sets has become less, as has the pay, not only because of foreign offshoring, but because of technology and automation. He says that families need incomes of at least $50000 a year to be middle class (possibly $40000 for smaller families) and notes the difficulties of single parents.



The most effective measure would be to improve trade or vocational education opportunities at the community college level, especially in smaller communities or rural areas.  He also mentions the value of paid family leave.

What I noticed after my forced “retirement” at the end of 2001 was the tendency for companies to resort to hucksterism to create jobs, and for the employment outplacement services and policy makers not to notice that this was happening so much. This has led to a culture clash:  aggressive attitudes in some communities about preserving telemarketing and door-to-door sales, versus resistance from consumers who see accelerating security problems. We need more manufacturing jobs to reverse this trend toward hucksterism.

1 comment:

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