Saturday, December 20, 2008

Bob Herbert on the War on the American Worker

From Ronald Reagan's voodoo economics to Henry Paulson's $700 billion Troubled Asset Relief Program, we've put the mighty resources of the national government overwhelmingly on the side of those who were already rich and powerful.

Ordinary workers have suffered. It took years to get a lousy little boost in the minimum wage for the working poor. Attempts to expand health insurance coverage were fought almost to a standstill. Guaranteed pensions vanished. And the maniacs who set fire to the economy with their incendiary financial instruments (yet another form of voodoo) were hot to privatize Social Security.

As Andy Stern, president of the huge Service Employees International Union, told me on Friday: "We've had a 25-year experience with market-worshipping, deregulating, privatizing, trickle-down policies, and it has ended us up with the greatest economy on earth staggering, and with the greatest amount of inequality since the Great Depression."

Working people have been treated like enemies, a class to be preyed upon. Labor unions were ferociously attacked. Jobs were shipped overseas by the millions. People were hired as temps or consultants so benefits could be denied.

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