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Wednesday, March 14, 2012

How the Tractor Explains the Middle Class Crisis

The tractor does not explain the middle class crisis. The tractor actually explains why the middle class got richer, much richer since 1910. Increased productivity is good for workers if their wages are increased proportionally. The problem is that wages have been capped by management due to the weakness of unions.


How the Tractor (Yes, the Tractor) Explains the Middle Class Crisis - Derek Thompson - Business - The Atlantic

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