I have already shown you this chart, which demonstrates that between 1964 and 2012, the nation’s labor force doubled.
During the same time as the labor force doubled, I showed, hours of labor doubled as well:
But this doubling of hours of labor only examines part of what has actually happened in the last fifty years. Not only has the labor force and hours of labor doubled, the Bureau of Labor Statistics data shows during that same period output per worker increased at an annual average rate of approximately 2 percent over the last fifty years. Which means output per employed worker has doubled as well.
That means we have achieved a five-fold increase in total material wealth produced annually between 1964 and 2012 in the United States. Yet, for all this increase in material wealth, poverty still exists.
It gets worse: According to data supplied by the Department of Agriculture, between 1964 and 2012, the farm labor force fell from 7.2 million to 872 thousand — a fall of 88%. Yet, despite the fall in the number of people engaged in agriculture over the period owing to improvements in the productivity of farm labor, people still go to bed hungry in this country. Total real material output rises to 500% overall and labor needed in agriculture falls 88%; yet, despite this improvement in material wealth, 43 million workers still live in poverty according to Washington. Moreover, there has been an actual increase in the number of workers living in poverty since 1964.
Despite these facts, Washington tells us we cannot afford our current material standard of living. Politicians say either retirement has to be delayed and medical coverage cut, or Washington must go still deeper in debt.
Now ask yourself: If you are working twice as long as your parents, producing five times as much material wealth, should you be better or worse off than they were? So where did all that increased wealth go? Since you are, in fact, poorer than your parents, it is obvious none of that increased wealth made its way into your pockets.
So why are we working like dogs if no increase in the amount of labor we do adds anything to our material standard of living? Ask politicians in Washington this question and they will give you two different answers. The GOP says you need to learn to live within your means, while the Democrats say you need to carry even more public debt. However, ‘your means’ have increased five-fold in the past fifty years, and debt cannot by anything that has not already appeared on the shelf at Wal-Mart. Both Republicans and Democrats say you aren’t working hard or long enough — you need to work more years and more hours. So, in return for all this additional work, they promise you less.
And why isn’t the communist Left addressing this issue?
Personally, I think they don’t talk about it because the labor hours issue doesn’t involve more fascist state spending. The communist Left in this country are a bunch of fascists dressed up as communists. For the communist Left, there is no problem that cannot be fixed with more fascist state spending.