Who Rules America Today? (was Re: On the Defense of Parasitic Finance)

Max Sawicky sawicky at epinet.org
Tue Jan 16 11:29:30 PST 2001


Industrialists don't want labor markets to be too tight? How loose do they want them? Unemployment reached a trough of 3.9% this business cycle, yet the National Assn of Manufacturers, to my knowledge, hasn't swerved an inch from their advocacy of lower interest rates. Seth

mbs: Quite right. There hasn't been much in the way of complaints about wage pressure from industry types. More from finance types.



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