"We are! We is!"
Words. For your consideration.
"...For years, the smart guys on Wall Street have convinced a growing number of Americans that organized labor is an impediment to economic progress, an unacceptable "cost" in a globalized system of production, a quaint social fossil from the era of mills and smokestacks. If there's a lesson to be gleaned from the current crisis, however, it's that when the chips are down, organized labor is a far more responsible social actor than the snatch-and-run characters who fancy themselves financiers.
The implications of this are wider than most of us imagine, and they deserve to be considered. Today, slightly less than 8% of all American workers belong to a union. Half a century ago, when more than one in three American workers were unionized, the middle class was growing -- not simply because organized labor won better wages and benefits for its members but because the presence of a vigorous labor movement pulled everybody else's compensation up as well.
As union membership dropped, middle-class incomes -- and average families' share of the nation's wealth -- stagnated and then fell. Families compensated for their reduced opportunity at first by sending both parents into the workplace, then by working more hours and, more recently, by simply going deeper and deeper into debt. At the same time, the incomes and share of the national wealth held by people like the AIG securities traders grew exponentially..."
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