ShackledNation
Libertarian
Please point out where I suggested those things. Oh wait...I didn't. Your response is a total strawman and does not address my points whatsoever. Obama really only bailed out corporations and left the rest of us to suffer historic declines in wages. People vote with their own wallets, not the wallets of mega-corporations and banks in bed with the government.To the OP, yes. The data shows that companies’ profits reached an after-tax, 85-year record level of $1.683 trillion in 2012. That’s 10 percent of the economy, even after companies paid $418.9 billion in taxes. Great right? Not necessarily.
Corproate profits may be up, but people care about their own incomes when they vote. And under Obama, employees’ share of the nation’s annual income has been reduced to the lowest level in 63 years. For most American households there has been no economic recovery. For the first time in American history during a supposed economic expansion, real after tax income has fallen by -5.9%.
There's the number that matters. The Obama Administration's policies have expanded wealth for rich corporations, while wealth for everyone else has declined at a rate unprecedented in modern times. It is no surprise the party in power was voted out.
I take it you are suggesting the new Republican legislative branch of government legislate that more/all businesses have to unionize and/or create a collective bargaining unit within their spheres.
"Because of deals struck through collective bargaining, union workers have traditionally earned 15% to 20% more than their non-union counterparts, Rodgers said.
But union membership has declined rapidly over the past 30 years. In 1983, union workers made up about 20% of the workforce. In 2010, they represented less than 12%.
"The erosion of collective bargaining is a key factor to explain why low-wage workers and middle income workers have seen their wages not stay up with inflation," Rodgers said."
And-----and are suggesting the new Republican legislative branch of government legislate public education K thru grad school?
"...the disparity between the wages for college educated workers versus high school grads has widened significantly since the 1980s
In 1980, workers with a high school diploma earned about 71% of what college-educated workers made. In 2010, that number fell to 55%."
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