The tax system was flattened, so that more of the tax burden falls on the middle class and less on the rich;
So, if Bob makes $10 and Joe makes $1,000
Taking 30% of what Joe makes and 15% of what Bob makes is fair in the Marxists view.
BUT; taking 15% from Joe and 15% from Bob is "unfair" because we shifted the tax burden to Bob.
Using Marxist math, this is obvious. 15% of $10 is $1.50 - 15% of $1,000 is $150. Obviously $1.50 is a lot more than $150 - so Bob has more of a tax burden. Why is this so? Because Marxism looks at Bob being left with $8.50 while Joe is left with $850
NO FAIR!
So Comrade Obama takes everything from both Joe and Bob, gives them each $1.50 and calls it fair!
government policy became less labor-friendly so that obstacles to union formation increased and the power of organized labor declined;
That's odd, considering that government is the only place in the nation that unions are thriving. In any business that needs to turn a profit, Unions are a pariah, as well they should be.
Big-O tires is evil, horrible and wicked. Big-O is non-union and carefully places plants in states that respect constitutional rights. Big-O operates on a system where production employees are paid a base rate plus up to 120% of the base rate depending on capacity of the infrastructure employed. If an extruder can produce 150 feet of rubber an hour, and Raul makes $10 an hour, should he keep it flowing aat 150 feet, he is paid $22 an hour.
Big-O employees average about 35% more pay than do their unionized General Tire counterparts and are on average, 730% more efficient, resulting in lower costs to consumers and more growth for the company and the employees.
Evil company, isn't it?
So do you thin Big-O should be shut down, or should it be shut down and the management put in prison?
the financial industry was deregulated, encouraging investments to go into complicated financial shell games instead of into real production of wealth.
So, no wealth has been created in the last 30 years?
All of this encouraged the accumulation of private wealth while working to suppress real wages, thus driving the increase of income gaps over those thirty years.
So your claim is that a worker, at minimum wage had better wages 30 years ago, in 1981 that he does today?
Pretty cool
So to support this, all you need to do is show;
Number of hours at minimum wage needed to buy;
A TV
An Economy car
A Stereo
Rent a 1 bedroom apartment
Buy a gallon of milk
Buy a gallon of gas
For both 1981 and 2011
I await your analysis eagerly!