[lbo-talk] left aiding right

Mike Ballard swillsqueal at yahoo.com.au
Fri Sep 18 15:57:50 PDT 2009


On Sep 14, 2009, at 5:00 PM, Somebody Somebody wrote:


> Well, worker's incomes went significantly up under Clinton for the
> first time in a generation. And this under a neo-liberal, welfare
> cutting administration that failed to achieve a substantial
> progressive legacy. Contrast this with the declining fortunes that
> Americans subsequently dealt with under Bush.

Point of information LOBsters....

Doug pointed this out to me some years ago. Real wages have gone nowhere but down under the Dems and Reps: http://www.workinglife.org/wiki/Wages%20and%20Benefits:%20Real%20Wages%20(1964-2004)

Here's a great piece on what you get vs. what you produce: http://news.bbc.co.uk/2/hi/business/5303590.stm

And finally, look at this fellow workers. Our boats are not rising with the tide our ever increasing productivity:

http://www.frbsf.org/csip/data/charts/chart17b.cfm

How do you deal with a falling rate of profit? Haw!

Hi-ho, Mike B)

*********************************************************************** "Every day is the last day. I have waited for tomorrow And it has never come"

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http://wobblytimes.blogspot.com/

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