Wage Inequality: The American Mirage

Robert Reich’s “The Four Biggest Right-Wing Lies About Inequality’ sums up the situation quite nicely. Yet I still hear people spouting these ineluctable bromides, these straight up lies.

When Henry Ford started the first production line, he “overpaid” his employees because he said he wanted them to be able to buy one of his Model Ts. Since a number of American corporations no longer care if Americans can buy food or anything else, these “people” do not favor paying Americans a living wage. One of the hazards of being a “mature market” is being ignored. discounted, and forgotten. Onward, capitalism! Find new suckers–ah–customers.

Each day the American Dream comes closer to being the American Mirage.



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