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In reply to the discussion: "WalMart: A Progressive Success Story", by Jason Furman, chief economic advisor to President Obama [View all]Jeff In Milwaukee
(13,992 posts)30. Actually....
There's now some evidence that manufacturing jobs are coming back to the U.S. ("re-shoring" is the new buzzword). And when you have an economy that is heavy on higher-wage jobs, that increases the pressure on lower-wage employers to keep up. When we have an economy based on doing each others' nails and delivering pizza, there's no pressure to increase wages.
Hey, we had retail stores back in the 1950's when more than a third of workers were in unions. Now that the number is down to 12% (and -- Jesus Christ -- only 7.6% of private sector workers), we're drowning in low-wage jobs. My thesis is that a lack of better paying jobs is lowering the bar for everybody.
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"WalMart: A Progressive Success Story", by Jason Furman, chief economic advisor to President Obama [View all]
Scuba
Nov 2013
OP
Let me know when either gets interested in talking to actual voters instead of just to
eridani
Nov 2013
#47
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Nov 2013
#43
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Fumesucker
Nov 2013
#36
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brentspeak
Nov 2013
#48