Wednesday, November 30, 2011

Wages and Profits

Great piece from Bob Reich tonight on Market Place Radio -

"New data from the Commerce Department shows employee pay down to the smallest share of the economy since the government began collecting the data in 1929. And corporate profits, the largest share of the economy since then.


Yet incredibly, some politicians think the best way to restart the nation's job engine is to make corporations even more profitable. That means reducing corporate taxes and cutting back on regulations.
These same politicians want average workers to have even less money. They're against extending the payroll tax cut or unemployment benefits. And they want to make it harder for workers to form unions."

Listen, or read, the commentary HERE

Buy his most recent book by clicking below...

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