The winners in today’s economy work worse hours than yesterday’s losers
Last month’s research report on work-hours for high-paid salaried workers from the Washington Center for Equitable Growth paints a picture of a nation where even the winners are losers.
Historically, the best-off salaried workers in America worked the shortest hours (“banker’s hours” used to mean short days). But on the way to neolibertopia, the hours of the rich and the poor have swapped places: the poor, hourly waged workers struggle to piece together enough hours to make ends meet (fighting with employers who want to avoid the threshold at which they have to treat their hourly employees with a modicum of fairness). The best-paid salaried workers, by contrast, work longer hours than at any time in American history.
Things are just not good for workers these days.