Welcome To The Oligarchy – US Leads The Developed World In Low Wage Jobs

The New Plantation.


by Mike Krieger of Liberty Blitzkrieg blog,

In an apparent attempt to advise investors on how they can take advantage of America’s transformation into a neo-feudal oligarchy in a 50-page research report, Morgan Stanley has put together some very interesting charts.. We will be sharing many of them in the next few days but none is more telling and depressing than the one that shows how the U.S. leads the developed world in the share of low wage jobs

Of course, this shouldn’t come as any surprise to readers. I have covered the death of America’s middle-class for many years now, most notably in the post from last summer: How Does America’s Middle Class Rank Globally? #27.

As the middle-class has been destroyed, and the poor placated temporarily by various government benefits, the oligarchy has had free reign to thieve and expand its wealth at a dizzying pace.

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