40% of Americans make less than 1968 minimum wage

Our Future
by Dave Johnson

02/19/13

You may have seen the charts showing how working people s wages stopped going up along with productivity gains. This means the gains went ... somewhere else. ... This breakoff of wages from productivity growth is partly (largely?) the result of trade agreements that pit Americans against exploited workers in non-democracies. This weakened the bargaining power of unions, moved factories and industries out of the country, devastated entire regions of our country, and gave the giant multinational corporations, Wall Street and the billionaires the leverage they needed...

http://tinyurl.com/ayxqj7s


Informant: Thomas L. Knapp

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Obama Going Backward Into The Future

By Ralph Nader

Thirty million US workers make less today than what workers made 45 years ago in 1968, inflation adjusted?

http://www.informationclearinghouse.info/article34044.htm



World s Richest Add $29 Billion as Dow Hits All-Time High

The 100 wealthiest people on the planet added $28.7 billion to their collective net worth this week after the Dow Jones Industrial Average surged to a record, according to the Bloomberg Billionaires Index.

http://is.gd/qg01yJ



76% of Americans Are Living Paycheck-to-Paycheck

Roughly three-quarters of Americans are living paycheck-to-paycheck, with little to no emergency savings, according to a survey released by Bankrate.com Monday.

http://is.gd/LDXr3N


From Information Clearing House

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Life Expectancy Up... For the Rich
http://www.commondreams.org/headline/2013/03/11-1

The Cruel Gap Between CEO Pay and the Stagnant Minimum Wage
http://www.commondreams.org/view/2013/03/14-1

'Deficit Hawk' CEOs Pocket Hundreds of Millions with Tax Loopholes
http://www.commondreams.org/headline/2013/05/02

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Corporate Governance and CEO Pay: The Cesspool at the Top

Dean Baker, Truthout: The origins of the outrageous paychecks at the top can likely be found in the failing of the corporate governance structure in the United States.

http://www.truth-out.org/news/item/15780-corporate-governance-and-ceo-pay-the-cesspool-at-the-top



The Judicial Amendments' 1-2-3-4 Punch to Collective Bargaining

Ellen Dannin and Ann C. Hodges, Truthout: In this week s installment of their series on the National Labor Relations Act, the writers examine how judicial amendments have severely eroded Congress s stated policy of restoring equality of bargaining power between employers and employees.

http://truth-out.org/news/item/16656-the-1-2-3-4-punch-to-collective-bargaining-putting-together-the-judicial-amendments-attack-on-union-power



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