Sadly, for the person that sent this report to me, what it all boil downs to is that the American Dream is fading, and most young people think it's out of reach for them.
Economic conditions for workers are deteriorating so dramatically in the new American economy that an overwhelming majority, nearly 70 percent, now say that basic security - not opportunity - is their number one concern, according to a new survey released today. The finding is a stunning reflection of the anxiety, anger and demand for action rising in Working America in the global economy. Among the other key results of the poll of 800 non-supervisory workers:
- Nearly 80 percent of workers, both college and non-college alike, no longer believe the next generation will be better off. Nearly half think their children will be worse
- Nearly 80 percent of workers view multinational corporations as too powerful, and have driven down wages, eliminated health care and retirement security, and disregarded labor laws.
- Nearly 70 percent of workers feel that government doesn't take action to rein in greedy and unethical behavior by corporations and CEOs.
The survey indicates workers see few opportunities for good jobs while they face the financial insecurity of rising health care costs, the elimination of pensions, the outsourcing of jobs, and wages falling behind living costs. But in addition to the concerns, it also showed that workers are remarkably united in their hopes, ideas, and solutions for the future on the critical issues of the workplace, a consensus that remains intact regardless of age, gender, geography, ethnicity, country of origin, and education.