16 June 2011
The American Middle Class
Since the 1980 defeat of the air traffic controllers union by the Reagan Administration, union membership and concomitant power to negotiate wages and benefits has diminished almost to the point of non-existence. Abuses of power by labor unions have spurred their decline as well. Labor intensive manufacturing moved overseas where labor was cheap, abundant and non-union, closing down factories and cutting jobs in the US.
Today pundits write about the diminishing Middle Class and how the members of the Class of 2011 will not inherit the expectations of the Class of 1968 for home ownership, vacations, increasing salaries and benefits, and a comfortable retirement.
My question is: what will or could replace the power of labor unions for generating Middle Class incomes for blue collar and white collar workers in 2011?
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