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The divergence of wages and productivity growth
#9
Quote:I’ve written before on how the decline of organized labor beginning in the late 1970s gave birth to the backlash that fueled Donald Trump’s election. Labor’s deterioration weakened worker protections, kept wages stagnant and caused income inequality to soar to the highest levels in over eight decades. It also made workers feel they needed a savior like Trump.

In other words, his unlikely victory follows a straight line from the defeat of the Labor Reform Act of 1978 to the election of 2016. That bill would have modernized and empowered unions through more effective recognition procedures accompanied by enhanced power in negotiations. Instead, its death by filibuster became the beginning of their end.
American labor unions are about to die - Business Insider
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RE: The divergence of wages and productivity growth - by stpioc - 12-15-2016, 05:09 AM

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