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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (133790)5/5/2013 12:04:39 PM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
Technology, globalization and Reaganomics on steroids have put a squeeze on the middle class in the western world for well over three decades? Big reason we have these housing/credit bubbles, fed intervention, financial engineering ect.. is the middle class can't keep up and consume at the same levels on disposable income left over after life's daily necessities .. Can throw in some liberal policies that result in too high costs of housing in some locales via building restrictions or health care via defensive medicine ect. Bottom line capitalists and robber barons have won



To: ChinuSFO who wrote (133790)5/5/2013 2:23:23 PM
From: koan  Respond to of 149317
 
I know many unions are corrupt, but the workers still did much better under them than without them. I have been in many unions and seen many more. And they cannot be supplanted by government. Do you really think the Republicans will protect the workers? How naïve can you be.

On the Alaskan pipeline the Teamsters union was pretty gnarly, but the workers made a good wage. What the workers make per hour and the benefits they receive is their main concern.

You are the one with the ideology, not me. That was the point of my post! I am using a pretty clear correlation.

The pubs refused to raise the minimum wage, even for the military, during Bush's 8 years in office and the minimum wage is still below the 1980 level. The minimum wage should be almost $11 right now.

But forget all of that. The graph showing the correlation between decline in the unions and middle class should be all you need.

I ask again, how can you ignore that correlation.

And what is the Indian government doing for the millions of people living in the most terrible slums in the world? Those billionaires could help greatly if they wanted or if the government made them.

You really want to use India as your model? Really?