Quote:
Originally Posted by Oerets
Go to a thee day and a half day workweek and increase vacation time. In order to employ more people.
Barney
|
Not a bad idea.
When I was a freshman in 1965 our economics 101 instructor told us that due to increases in worker productivity we would only have to work 20 hours a week by the time we were his age.
Well productivity kept increasing, but workers share of the proceeds didn't. The mega rich kept it all for themselves.
I place part of the reason on the reduction of the top income tax bracket from 90% down to what it is today. When it was 90% the rich had an incentive to share the wealth because if they didn't the government was going to take 90% of it. Today that's not true, so they keep it all for themselves.