Well, It May Be Time To Face The Fact That We Need Labor Unions… – Business Insider

Even though the author of this article claims to have “always hated labor unions”…

…we’ve now developed a bigger problem in this country.

Namely, we’ve developed inequality so extreme that it is worse than any time since the late 1920s (just before the Great Depression).

Leaving aside fairness, what this inequality does is hurt the main purchasing-power engine of the US economy–the strong middle class.

(Although the 1% likes to think of itself as investing the capital and “creating the jobs” that employ the rest of the country, this is a consensual hallucination. Jobs in this economy only exist because there are customers who can afford to buy the products. And customers can’t buy products if they don’t have any money. See: Finally, A Rich American Destroys The Fiction The Rich People Create Jobs)

So, for the sake of the economy, we have to fix this inequality problem.

more at Well, It May Be Time To Face The Fact That We Need Labor Unions… – Business Insider.

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