Even if that is what has happened over the past 30 years. Henry Blodget, who has been barred from the securities industry for life, produces a useful set of charts at
But what’s he’s really saying is that the corporate gansta class that controls capital in this country has screwed labor royally.
Remember that Warren Buffet himself said (paraphrasing): “Yes, there has been class warfare in this country for the past 30 years, and it’s my class that’s winning.”
The current shibboleth of the corporate gangsta class is “austerity.”