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rug Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-16-11 08:20 PM
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How the middle class became the underclass
One major pull on the working man was the decline of unions and other labor protections, said Bill Rodgers, a former chief economist for the Labor Department, now a professor at Rutgers University.

Because of deals struck through collective bargaining, union workers have traditionally earned 15% to 20% more than their non-union counterparts, Rodgers said.

But union membership has declined rapidly over the past 30 years. In 1983, union workers made up about 20% of the workforce. In 2010, they represented less than 12%.

"The erosion of collective bargaining is a key factor to explain why low-wage workers and middle income workers have seen their wages not stay up with inflation," Rodgers said.

http://money.cnn.com/2011/02/16/news/economy/middle_cla...

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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-16-11 08:40 PM
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1. Add to that poorly managed Trade Policiies in this country which
have resulted in gutting the Mfg Base in this country.

Note, I said poorly managed Trade. Do not accuse us Fair
Traders of being isolationist protectionist.

Yes, I believe this countries Economic Interests should
be protected. You can still trade.
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