“Between 1979 and 2013, productivity grew 64.9 percent, while hourly compensation of production and non supervisory workers, who comprise over 80 percent of the private-sector workforce, grew just 8.0 percent. Productivity thus grew eight times faster than typical worker compensation.”
I am sure you as I have seen this fact above in the last few weeks, if you are reading. I have heard and seen it brought up many times.
Just an aside, when I heard Mr Bush had visited Mr Prescott’s place of business I was excited! I was away most of last week, and raced up to Winter St on Friday morning to check it out. Maybe such a visitor would be an impetus for change.
No luck, but at least he moved the pallet pile.
Mr Bush stumbled at a campaign stop back in July with this statement.
“We have to be a lot more productive … It means that people need to work longer hours and, through their productivity, gain more income for their families.”
The fundamentals are askew really, they are messed up. The Boston Globe has an article currently regarding salaries of college graduates from top area schools. A Pharmacy School leads the list.
I wouldn’t wish a life working short staffed at Walgreens on anyone.
“Come back in 3 hours, it will be ready then”
The comments section on the Globe salary story shreds the reporter. It seems to me more of this class war, so now even the college grads are being hammered.
PhD’s , plumbers and pharmacist’s manning the barricades together.
15.00 an hour.
Finland has a significant social experiment pending of bestowing a basic income, they have not yet set on a sum.
This new plan would replace their complicated welfare programs.
The new Labour Party head in the UK and our own Bernie Sanders made me remember this fun exchange.