Op-Ed: More unionization would be good for economy PDF Print E-mail
Written by Robert Reich, Guest Column in the Providence JournalWHY IS THIS recession so deep, and what can be done to reverse it? Hint: Go back about 50 years, when America’s middle class was expanding and the economy was soaring. Paychecks were big enough to let u   
Monday, February 02 2009 15:16

WHY IS THIS recession so deep, and what can be done to reverse it?

Hint: Go back about 50 years, when America’s middle class was expanding and the economy was soaring. Paychecks were big enough to let us buy all the goods and services we produced. It was a virtuous circle. Good pay meant more purchases, and more purchases meant more jobs.

 
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