Graph of the Week: Unions and Inequality
If you were concerned about the defeat of the recall of Governor Walker in Wisconsin, well here is one more reason for you to panic. The Economic Policy Institute (EPI) has just published its Economic Snapshot.
The authors, Ross Eisenbrey and Colin Gordon, say:
“To a remarkable extent, inequality, which fell during the New Deal but has risen dramatically since the late 1970s, corresponds to the rise and fall of unionization in the United States.”Nothing to add.