365 | Michael Lind: How the Suppression of Wages is Destroying America
The Realignment
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The Difference Between Consumers and Taxpayers
"If your allowing wages to become a lower and lower share over time of work, then you have like a negative policy scheme," he says. "It's also biased in terms of class because labor intensive goods and services are used disproportionately by elite Americans" The people who are most likely to purchase the services of low wage workers are themselves affluent professionals and rich people, he adds.
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