~ Many continue to wonder what the Occupy movement is about. The following two graphs highlight a central critique:
Wages as a fraction of GDP |
Corporate profits as a fraction of GDP |
Workers are not sharing in the bounty produced by their steadily increasing productivity.
Lack of purchasing power is hollowing out the middle class, and as goes the middle class, so goes the rest of the economy, and eventually everyone else in it. There's gas in the coal mine, and the canaries are starting to die.
No comments:
Post a Comment