Re: "slave wages", wages in real terms haven't improved in 30 years. the average is still under $9/hr., while the GDP has tripled.
A lot of things have conspired to create that situation, we're in the Information Age where education is required. But the same was true in the 50's, when average wage increased dramatically, along with GDP, due to public policies of encouraging education.
Instead we see a confluence of interests in Washington that benefit from depressed wages, increasing immigration, lower education, fewer opportunities. Those who gain most from centralized power also gain most from an ignorant populace, and the policies reflect that.
If you get a chance take a read "Dependent on DC", by Twight.
This trend increases the proportion of the economy that is expropriated into Washington, mostly by deception and extortion (witness Rumsfeld's recent admission of $2 Trillion "missing" at the Pentagon, almost $20,000 for every household). If you examine Grover Norquist's thought-leading statements they are a strategy to eliminate taxes on capital, increase taxes on workers, reduce education, and create an educated ruling elite in control of a gov't paid for by essentially a slave class. Of course, this is all under a Darwinian guise, while in fact the insiders create an information and power monopoly. |