The impoverishment of industrial workers in America
25 November 2014
Recent reports highlight a historic reversal in the wages and living standards of industrial workers in America, which accelerated in the aftermath of the global economic crash of 2008. The reports shed light on the reality behind Obama’s “economic recovery” and the basis for the record profits being piled up by American corporations and financial institutions.
WAL-MART: Their
assault on the American worker
Wal-Mart jobs have become synonymous with poverty wages and
poor working conditions. Hundreds of thousands of Wal-Mart workers rely on food
stamps, other public programs and food banks simply to get by, and American
taxpayers pay $6.2 billion annually to subsidize Wal-Mart's poverty wages.
UNIONS PARTNER WITH WALL STREET-OWNED
BARACK
OBAMA and MEXICO TO KEEP WAGES
DEPRESSED
These are self-serving lies pumped out by the ruling class
through its political servants and media apologists. Since the financial crash
of 2008, the Obama administration’s pro-business policies of bank bailouts,
virtually free money for the banks from the Federal Reserve, wage and benefit
cuts for auto workers, corporate tax cuts and deregulation have transferred
trillions from the working class to the super-rich.
Instead, the financial oligarchy that controls the economy and
both big-business parties is determined to steal the pensions that tens of
millions need to survive and return workers to the dark days when they labored
without end until they died.
OBAMA’S AMNESTY HOAX: Soaring welfare for
illegals…
they already get our jobs!
"President Obama is going
rogue, doubling-down, and driving full speed towards a constitutional
crisis," Representative Bob Goodlatte, a Virginia Republican who’s
chairman of the House Judiciary Committee, said in a statement.
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