The Republican Strategy To Keep Wages Low

Connect the dots and you have a calculated strategy to keep wages as low as possible — forcing large numbers of Americans to choose between working for peanuts or having nothing at all.

Republicans are pushing this strategy because lower wages give their big-business patrons fatter profits (at least in the short term; longer term, they reduce overall demand for goods and services).

The strategy is already succeeding: Real median household incomes are now 4.4 percent below what they were at the start of the so-called recovery, and corporate profits are up.

Democrats, including Obama, should be calling them out on this strategy. Why aren’t they?

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This post originally appeared on Facebook.

 

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