Godlike Productions - Reply to Thread

Users Online Now: 2,012 (Who's On?)	Visitors Today: 1,541,778
Pageviews Today: 2,561,138	Threads Today: 1,025	Posts Today: 18,176
11:49 PM

REPLY TO THREAD

Subject 40% of Americans Now Make Less Than 1968 Minimum Wage

User Name

Font color: Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.

Original Message This is both tragic and pathetic.

“If the minimum wage had risen in step with productivity growth [since 1968], it would be over $16.50 an hour today. That is higher than the hourly wages earned by 40 percent of men and half of women.” his means the gains went…somewhere else. See if you can guess who got them? (Hint: it’s the 1 percent; this is one driver of the terrible income and wealth inequality.) This breakoff of wages from productivity growth is partly the result of trade agreements that pit Americans against exploited workers in non-democracies. This weakened the bargaining power of unions, moved factories and industries out of the country, devastated entire regions of our country — and gave the giant multinational corporations, Wall Street and the billionaires the leverage they needed.

[link to thecontributor.com]

Pictures (click to insert)





\| Next Page >>