Quote:
Originally Posted by bumpa
Perhaps f we addressed the wage imbalance in this country the middle class might have the disposable income needed to afford higher priced American made goods. Track the history of the rise in imports from China and Japan and you'll find it closely follows the shift from high middle class wages to higher CEO wages. CEO's buy from Germany their workers from China and other low price countries. Just one piece of the puzzle.
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I agree and I think that it began in about 1970. From then on the middle class wages (with respect to cost of living) never increased. The death of UNIONS and OUTSOURCING allowed the top CEOs to DEMAND more salary.