As we harken back to the days of yore
consider that we all make more money (overall) even if it doesn't feel like it.
All these charts statistics etc don't tell the story. I like looking at the average size of new houses. (but darn it, can't find the $%*& thing). But you know what it'll show.
People tell me I (and others) are worse off. The I look around and see a society where their are more registered cars than drivers, 3-5 tvs in every house (along with cable - and high speed internet!), ...
You previous union guys - could you keep your machine running? Now, you can't, you have to wait for maintenance to turn a screw to get your output back in spec. If I worked at GM while I was sitting on a chair waiting for said maintenance while reading the newspaper, to do a task it would've taken me maybe 15 seconds to complete, I'd be commenting to my coworker that we'd better be getting our resumes in order.
Is that unionbashing? I have nothing against unions, only greedy ones. I enjoyed my short time with the Carpenter Brotherhood.
And I see a direct link between executives and unions - both would love to have a greater monopoly, so they could jack up prices.
I don't mean to offend everyone (which I think I'm doing) but quasi-communism didn't work, for the workers (try negotiating with the government as your boss! Good luck) and owners (who had everything they owned taken and then ruined), and protectionism was very likely the reason the Great Depression lasted until WW2.
Pete