Downsizing the American Dream
Representative David Obey(D-Wisconsin) spoke about the degrading economic situation of millions of U.S. workers and their families. He… read more
Representative David Obey(D-Wisconsin) spoke about the degrading economic situation of millions of U.S. workers and their families. He cited corporate methods for increasing profits, such as layoffs and wage cuts, as the basic cause of stagnant, and even declining, real wages. He also examined how the wealthiest citizens have tried to convince others that this is a natural consequence of the free market. He used several charts during his speech. After his prepared remarks, he took questions from the audience. close
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