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To: Sunny Jim who wrote (95791)3/27/2009 9:59:37 AM
From: studdog2 Recommendations  Read Replies (1) | Respond to of 116555
 
With regard to the unionization and wage deflation discussion, we should not forget who has benefited from our economy's productivity growth over the last 30 years. Wage deflation has been going on that long for the middle class, who now make less in inflation adjusted terms then they did in 1980. "Management" has taken all of the gains and then some. The top 10% income earners have seen an incredible rise in their income. That is also where all the profits from the companies in which we have owned stocks have gone and I think is in part to blame for our current state. The middle class was exploited by "trickle down" but didn't know it because they were given access to cheap money in the form of consumer loans and home mortgages. The profits were skimmed by executives (look at the obscene salaries of our country's CEO's) who do no consume like the middle class must. When the music stopped the real consumers (middle class) were completely tapped out and could not take on more debt and there were not nearly enough chairs to sit down on.
That gross inequality must be addressed or our economy will continue to produce debt serfs and will fail.



To: Sunny Jim who wrote (95791)3/27/2009 11:48:07 AM
From: koan  Read Replies (1) | Respond to of 116555
 
>>
I wouldn't disagree, but when someone makes a point using facts and it doesn't set well with your ideology, you come back with a non sequitur. C'mon koan, what do you think about unionizing the countries that we can't compete with. Get their workers the same benefits the we have so their costs will be similar to ours and thus level the playing field. Think outside the lines.<

Name a fact I avoided. Saying I use non sequiturs is just a form of silly name calling. Give an example. You like facts. I can take it-lol.

Give an example. Please.

And yes, I feel very strongly we should help all nation's organize unions.