On the recordJune 30, 1995
I think that the average American is in fact angry, and I believe that that average American has every reason in the world to be angry. What concerns me is very often our anger is taken out against the wrong opponent. But let us focus on why we should be angry. Madam Speaker, in 1973, the United States reached a high point of its economic life with regard to the wages and benefits that middle-income and working people reached. Since that time, approximately 80 percent of the American working people have seen either a decline in their standard of living or economic stagnation. That means after 20 years of hard work, those people have gone nowhere economically. Furthermore, what we are seeing is that the American worker, in order to compensate for the decline in his or her standard of living, is working longer hours. We are making lower wages. We are working longer hours.
Source
govinfo.gov




