The Real Story of Our Economy: Why Our Standard of Living Has Stalled Out

By Les Leopold, AlterNet
Posted on March 23, 2011, Printed on March 30, 2011
http://www.alternet.org/story/150343/

Do public sector workers earn more than private sector workers? Who cares? This boneheaded question has us fighting over the crumbs. (And the answer is no -- all credible studies show that when you account for educational levels, the total compensation packages are about the same.)

The real question is: Why have most workers seen their standard of living stall over the last generation?