Big Labor
Can we finally stop saying "Big Labor"? Last
year labor
union membership had shrunk to 11.8% of the total
workforce and only 6.6% of the private sector.
You have to go all the way back to 1900 to
find such a small union footprint in the private sector.
Second Gilded Age
Along with the destruction of labor unions and the middle
class we've see a dramatic rise in inequality. The U.S. has
the worst
inequality in the developed world.
Inequality has hit levels not seen since the Robber
Barons.
"the cruellest of our revenue laws, I will venture to affirm,
are mild and gentle in comparison of some of those which the
clamour of our merchants and manufacturers has extorted from the
legislature for the support of their own absurd and oppressive
monopolies. Like the laws of Draco, these laws may be said to be
all written in blood."
- Adam Smith, Wealth of Nations
