This fails to address a single point in the infographic - in fact that quote could aptly be applied, for example, to the picture in the bottom right depicting the USA's excessive military budget.
When is Wall Street going to run out of worker's money to spend, then?
As shown above the wage rate has consistently failed to keep up with economic/labour productivity growth. It is the rich that live off the fruits of other's labour.
'The problem with socialism is that eventually you run out of other people's money to spend.' Margaret Thatcher
ReplyDeleteThis fails to address a single point in the infographic - in fact that quote could aptly be applied, for example, to the picture in the bottom right depicting the USA's excessive military budget.
ReplyDeleteWhen is Wall Street going to run out of worker's money to spend, then?
As shown above the wage rate has consistently failed to keep up with economic/labour productivity growth. It is the rich that live off the fruits of other's labour.