Tuesday
Jul122011
OPINION: Labor Engaged In Race To the Bottom
Tuesday, July 12, 2011 at 1:39PMA new report by Brookings shows how corporations are forcing Americans to work to the bone for meager wages.
Today – the typical two-parent family has to work 26% longer than back in 1975. And since 1975 – wages have failed to keep up with the longer working hours.
In other words – fat cat CEOs are getting a lot more “bang for the buck” out of their workers today. Which is to be expected now that Americans have to compete for jobs with slave labor in the developing world thanks to so-called Free Trade.
The race to the bottom in the labor force is killing the American middle-class – it’s time to ditch so-called Free Trade.
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