Jack Saturday

Thursday, August 02, 2007

Anti-Job Pro-Freedom Quotes Of The Week 150, 151

In short, the government implemented a series of policies during this period that had the effect of shifting wage income upward. This was a predictable result of policies that placed downward pressure on the wages of a large segment of the labor force. These polices removed protections of various types for workers in the bottom three-quarters of the labor force and subjected these workers to increased international competition. While these policies were generally justified as increasing economic efficiency, no comparable drives for economic efficiency were directed toward the protections that benefited higher-income workers. This one-sided application of market forces had the effect of redistributing income from those who lost protection to those who were able to maintain it.

As a result, for most of the population of the United States, the quarter century from 1980 to 2005 was an era in which they became far less secure economically, and the decrease in security affected their lives and their political attitudes. It is important to realize that this decrease was the result of conscious policy, not the accidental workings of the market.
Dean Baker,
The United States since 1980

"Perhaps it is time the 'work ethic' was redefined and its idea reclaimed from the banal men who invoke it."
Studs Terkel,


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