Politics Magazine

Higher Wages Myth

Posted on the 14 December 2013 by Jobsanger
Higher Wages Myth This is definitely a myth today. There was a time when everyone shared in increased productivity in this country, and it resulted in a healthy economy and a growing middle class. But then the Republicans instituted their "trickle-down" economics (which rewarded the rich by letting them hog all of productivity increases), and now we have a crippled and jobless economy which makes the rich even richer by taking from everyone else.

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