Thursday, April 10, 2008

Why the Rich Are Getting Richer, and tthe Poor, Poorer

I thought this article was way extremely long. I think Reich made his point in the first two pages and did not need 9 pages. Its been a long know fact that the richer get richer and the poor get poorer. He talks about how despite the number of new jobs in the US, union membership has withered. The drop in membership has been accomplished by a growing number of collective bargaining agreements to freeze wages. Thats what happens the people at the top making all the real money makes sure that the workers get paid the very least. Reich gives a bunch more stats to back up his theory, but most of it is not needed. He then ends with, the salaries and benefits of americas top executives, have soared, which will coninue to happen.

3 comments:

Britney said...

I agree that the article was WAY too long. He could have easily made his point in a couple pages. Everyone knows the rich are getting richer and the poor are getting poorer, but in a mixed econmy there's not a whole lot anyone can do to stop it. Unless of course you convince the top executives to try not to make as much money.

Miller Time said...

I also feel that this artilce was way too long. I almost didn't read it. No one can really stop the rich from getting richer because in their job, that's how much they make, they can't control that.

mr.jones said...

I agree with this again. This article was way too long. I mean we all knew about cheap labor and outsourceing. Its just the way of corporate america and we can not change that.