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Honoring Our Workers With a Knife in the Back September 6, 2010

Posted by Dwight Furrow in Dwight Furrow's Posts, politics, Uncategorized.
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Labor Day may be our most hypocritical holiday in the U.S.

Here is Harold Meyerson on the state of our working class:

Consider: As of this year, U.S. gross domestic product is about 1 percent beneath its 2008 peak, compared to a drop of roughly 2 percent in France and Germany and 5 percent in Britain and Japan. But U.S. unemployment has increased roughly 5 percentage points since 2007, compared to just 1 point in France and Japan and 2 in Britain. In Germany, unemployment has actually dropped a point since the recession began. […]

As Andrew Sum and Joseph McLaughlin of Northeastern University’s Center for Labor Market Studies have documented, pretax corporate profits increased $388 billion from the low point of the current recession, the second quarter of 2009, to the third quarter thereafter, while wages increased just $68 billion. […]

A survey, released Thursday by the Kaiser Family Foundation and the Health Research & Educational Trust, shows that employee premiums rose 13.7 percent over last year, while the amount that employers contributed dropped — dropped! — 0.9 percent.

Only a purblind ideologue could miss the pattern here. American employers — more than employers in other nations and more than American employers in earlier downturns — have imposed the costs of the recession and, increasingly, the costs of doing business, on their workers, and kept for themselves damn near all the proceeds from doing business.

[…]

…the U.S. private sector is almost entirely — 93 percent — nonunion. Unlike European workers, unlike their own parents and grandparents who lived in a much more heavily unionized America, U.S. workers are now powerless to stop their employers from pocketing all the change.

Enjoy your Bar B Q.

book-section-book-cover2 Dwight Furrow is author of

Reviving the Left: The Need to Restore Liberal Values in America

For political commentary by Dwight Furrow visit: www.revivingliberalism.com

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