Summary Of Save The Middle Class When Jobs Don T Pay By Peter Barnes

Innovatively Transforming U.S. States Scholars write and publish different materials for various purposes, including informing, educating, cautioning, or creating awareness. This essay focuses on the article “How to Save the Middle Class When Jobs Don’t Pay,” published in Open Washington Pressbooks by Peter Barnes. Although paying equal annual dividends to residents across the state can strain a limited budget, Barnes shows how every state can exploit this economic intervention by adopting Alaska’s model and Paine’s idea to transform individuals and society. Peter Barnes proposes and supports a remedy to the economic crisis facing the middle class in the United States. Barnes argues that other states, like Alaska, can creatively find ways to pay their residents yearly

While this is insufficient to live on, it boosts Alaskans’ overall income, aiding their daily expenditure, which in turn, facilitated economic development, reducing poverty levels to make Alaska one of the most developed states in America. To transform the entire country, Barnes wants Americans to answer whether Alaska found the right formula. This ignites a debate of whether the rest of the states can take the same approach, as Barnes emphasizes that Alaska converted a portion of “its common wealth into equal dividends for everyone” (par. 2). 4. The adage of the adage. The reasons that Barnes gives to prove why states should embrace Alaska’s move to paying equal dividends are detailed and well-founded. He says, “Nowadays, such jobs are rare”. 5. The adage of the adage. In the early days, a single job at General Motors or IBM could sustain a person’s health insurance, paid vacations, bills, and pensions. On the contrary, jobs are changing and paying way less, making dividends an excellent option to support financially struggling families and individuals. While Barnes’ recommendation is notable, climate change issues might attract significant opposition to Alaska’s