When unions mattered, prosperity was shared

E.J. Dionne: “All but forgotten is the fact that our nation’s extraordinary prosperity from the end of World War II to the 1970s was in significant part the result of union contracts that, in words the right wing hated Barack Obama for saying in 2008, “spread the wealth around.” A broad middle class with spending power to keep the economy moving created a virtuous cycle of low joblessness and high wages.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s