Even if strikes were bad for the economy, we should still support them. We are the economy, and better pay and better working conditions are something we should all support
It makes more sense when, every time you hear “x is good/bad for the economy” from a corporate outlet, you replace ‘The economy’ with ‘rich people’s bank accounts.’ Nobody with a pulpit gives a rat’s ass about the economy of the 99%
You would never know this looking at corporate news.
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Even where unions have funds to help striking workers offset lost wages, they rarely make up even half of what’s forgone.
Today’s labor market continues to be tight, despite efforts by the Fed to slow the economy and make it harder for workers to get raises.
As I travel around the country, I hear from average working people an anger and bitterness I haven’t heard for decades.
Why don’t corporations devote more of their income to research and development, or to higher wages and benefits for average workers?
For far too long, America’s top executives, Wall Street traders and biggest investors have siphoned off almost all the economic gains.
Stagnant wages and widening inequality are politically unsustainable because they foster anger and bitterness that’s easily channeled by demagogic politicians (re: Donald Trump and his enablers in the Republican party) into bigotry, paranoia, xenophobia and authoritarianism.
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