Elizabeth Warren asks, why hasn't minimum wage kept up with worker productivity?

[HughBeaumont]

4. 2 factors:

1) Corporations performed a "Great Risk Shift" in the 1980s. This in turn brought about not only the cementing/bolting in of Friedmanomics to America, but the scarcity of good paying jobs that comes with such a garbage system. With a dearth of jobs, people who had one were doing everything they could to not make waves and people who didn't went whole hog trying to find one, all the while blaming "LIB'RULS" like good little Reagan Democrats were trained to.

2) No Universal Health Care. People cannot take to the streets because health insurance ties them to their jobs. It's one of the biggest risks of living in The Friedmanomicon - something nearly every other industrialized nation's workers don't have to worry about.