<div><A href="http://us.f514.mail.yahoo.com/ym/Compose?To=Cseniornyc@aol.com&YY=52198&y5beta=yes&y5beta=yes&order=up&sort=date&pos=0&view=a&head=b"><FONT color=#003399>Cseniornyc@aol.com</FONT></A> posted:<BR></div> <div> </div> <div>The War Against Wages <BR><BR>By PAUL  KRUGMAN<BR>Should we be cheering over the fact that the Dow Jones Industrial  <BR>Average has finally set a new record? No. The Dow is doing well largely because  <BR>American employers are waging a successful war against wages. Economic <BR>growth  since early 2000, when the Dow reached its previous peak, hasn’t been  <BR>exceptional. But after-tax corporate profits have more than doubled, because  <BR>workers’ productivity is up, but their wages aren’t — and because companies <BR>have  dealt with rising health insurance premiums by denying insurance to ever more  <BR>workers.</div> <div> </div> <div>*****************************************************</div> <div> </div> <div>Makes sense.  Labour power is a commodity.  Wall Mart's wage-slave drivers just want to get their</div> <div>variable capital at a lower price. They will be rewardedly accordingly, as the rate of profit increases.  Don't you want your baked beans at the lowest price?  Capitalists are consumers too, you know.  </div> <div> </div> <div>Best,</div> <div>Mike B)<BR></div><BR><BR>Read "Penguins in Bondage":<br>http://happystiletto.blogspot.com/<p>  <hr size=1>Do you Yahoo!?<br> Get on board. <a href="http://us.rd.yahoo.com/evt=40791/*http://advision.webevents.yahoo.com/mailbeta">You're invited</a> to try the new Yahoo! Mail.