Sunday, May 26, 2019

WORKER'S WAGES AND THE DECLINE OF UNIONS

I've seen a figure that compares the decline in workers wages with the decline in unions and include it here.*  Many mainly white wage earners have allowed themselves to become disarmed and abandon unions presumably because their increased education levels now should permit them greater negotiating skills.  In doing so, they joined a political party that talked them out of unionization and feels they are overpaid,** rather than underpaid.  I have previously explored why they made this move contrary to their economic well being (It also includes the figure below.).**

Here are a few quotes in italics from my 2017 item on the topic.***
The problem is that these workers feel the Democratic Party favors women, minorities, and Gays.  So the Democratic Party would have to abandon these groups.
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Even Donald Trump has said on at least two occasions that the American worker is overpaid.
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Trump's base says that the wall is the big thing (even over better pay), so it is the emotional things they love.

The figure illustrates the parallel decline of wages with unionization.*
(Click on figure to enlarge)

I realize I am repeating here things I have said before, but my thoughts haven't changed, yet the topic remains current.

* http://www.huffingtonpost.com/2013/09/18/union-membership-middle-class-income_n_3948543.html
https://equitablegrowth.org/examining-the-links-between-rising-wage-inequality-and-the-decline-of-unions/
https://data.bls.gov/timeseries/LUU0204906600?years_option=all_years&mod=article_inline
** http://stopcontinentaldrift.blogspot.com/2013/10/a-race-to-bottom.html
https://slate.com/human-interest/2018/05/study-unions-increasingly-represent-educated-workers.html
*** http://stopcontinentaldrift.blogspot.com/2017/07/democratic-economic-initiatives.html
Also, see:
https://www.epi.org/publication/union-decline-lowers-wages-of-nonunion-workers-the-overlooked-reason-why-wages-are-stuck-and-inequality-is-growing/

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