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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: stockman_scott who wrote (8444)4/5/2004 12:01:00 AM
From: CalculatedRisk  Read Replies (4) of 173976
 
We're More Productive. Who Gets the Money?
By BOB HERBERT

Published: April 5, 2004
nytimes.com

It's like running on a treadmill that keeps increasing its speed. You have to go faster and faster just to stay in place. Or, as a factory worker said many years ago, "You can work 'til you drop dead, but you won't get ahead."

American workers have been remarkably productive in recent years, but they are getting fewer and fewer of the benefits of this increased productivity. While the economy, as measured by the gross domestic product, has been strong for some time now, ordinary workers have gotten little more than the back of the hand from employers who have pocketed an unprecedented share of the cash from this burst of economic growth.

What is happening is nothing short of historic. The American workers' share of the increase in national income since November 2001, the end of the last recession, is the lowest on record. Employers took the money and ran. This is extraordinary, but very few people are talking about it, which tells you something about the hold that corporate interests have on the national conversation.

<more in article>

Excerpt:
"In other words, an awful lot of American workers have been had. Fleeced. Taken to the cleaners."

More:
"I have to laugh when I hear conservatives complaining about class warfare. They know this terrain better than anyone. They launched the war. They're waging it. And they're winning it."
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