Showing posts with label decline of middle class. Show all posts

30 years ago . . .

Michael Moore makes the case that the middle class began its economic descent with the PATCO strikers losing their jobs.

Reich on the middle class

Former Labor Secretary Robert Reich pens a 2 minute overview of the American economy over the last 75 years. The past was rosy, the present not so.

Productivity/compensation gap

There is a new essay detailing the gains in productivity outpacing the gains in compensation. No surprise the trend has accelerated since about 1970.

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