How Technology Effects Modern America The microeconomics picture of the U.S. has changed immensely since 1973, and the trends are proving to be consistently downward for the nation's high school graduates and high school drop-outs. 'Of all the reasons given for the wage squeeze - international competition, technology, deregulation, the decline of unions and defense cuts - technology is probably the most critical. It has favored the educated and the skilled,' says M. B. …showed first 75 words of 1226 total…

…showed last 75 words of 1226 total…Where have the good jobs gone?, By: Mortimer B. Zuckerman U.S. News & World Report, volume 119, pg. 68 (July 31, 1995) Wealth: Static Wages, Except for the Rich, By: John Rothchild Time Magazine, volume 145, pg. 60 (January 30, 1995) Welfare Reform, By: Lawrence Mishel http://epn.org/epi/epwelf.html (Feb 22, 1994) 20 Hot Job Tracks, By: K.T. Beddingfield, R. M. Bennefield, J. Chetwynd, T. M. Ito, K. Pollack & A. R. Wright U.S. News & World Report, volume 119, pg. 98