Where is the unabridged, undisputed evidence proof that any American “realizes” this condition…???

Where is the unabridged, undisputed evidence proof that any American “realizes” this condition…???

 

Americans finally realizing how bad their labor situation is, and why Republicans are responsible

 

Lincoln green Community2018/09/03 · 12:04

 

Harold Meyerson has a great Labor Day opinion piece “Like frogs in a slowly boiling pot, Americans are finally realizing how dire their labor situation is” in today’s Los Angeles Times. You have to read the whole thing, but here’s a sample quote that was news to me:

… labor’s share of the national income has dropped by 6.7% since the mid-1980s, while the share of the nation’s income going to business investment in equipment, research, new hires and the like has dropped by 7.2%. Correspondingly, the share of the nation’s income going to shareholders (the lion’s share to the very wealthy, among them the CEOs who are compensated with shares) rose by 13.5%. That shift has put American workers at a double disadvantage, as their wages and the private-sector investment that creates jobs and boosts productivity have both hit the skids.

Anybody who’s telling you that the US economy is doing great should be made aware that the wealth we’re creating is not being invested in our future or put into workers’ pockets, but is instead being siphoned off and used for financial games. If this doesn’t stop, America will no longer be great.

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