Thursday, January 12, 2012

Obama Smiling Over Low U.S. Wages

Well, the bankster puppet in the White House may as well be smiling (he's probably ecstatic as all hell) as these statistics are just what his pro-corporate, neoliberal policies ordered.


Since 2000, real wages (adjusted for inflation) have declined. The White House even touts this horrid statistic in its just released paper, Investing in America: Building an Economy That Lasts. Clearly, the paper is not intended for the rank and file. It outlines how current policies are making America competitive with low-wage countries like China. And one of the principal strategies is ... lowering wages.-White House Touts Falling Wages

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