Is Plenty Too Much for the Common People the Hottest Question That Ever Stung a
Is Plenty Too Much for the Common People the Hottest Question That Ever Stung a
George R George Ross Kirkpatrick
The book Is Plenty Too Much for the Common People the Hottest Question That Ever Stung a was written by author George R George Ross Kirkpatrick Here you can read free online of Is Plenty Too Much for the Common People the Hottest Question That Ever Stung a book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Is Plenty Too Much for the Common People the Hottest Question That Ever Stung a a good or bad book?
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Putnam's Sons. 179- Do you know that labor-cost is the most flexible, most easily beaten down? A study by the Standard Statistics Com- pany, a conservative but accurate concern, reports labor costs in many industries. For example: the labor cost in sugar refining is 3. 7% of the total wholesale price. in automobiles, 9. 1%, in iron and steel, 20. 6%. These fair samples will serve to show that increases in prices have very little to do with increases in wages. ' Dr. Harold Loeb gives the total v...alue of production for 1 929 as J $93, 000, 000, 000 labor income that year...... 53, 000, 000, 000 Surplus $40, 000, 000, 000- Estimating about 36 million wage and salary workers in that year gives an average annual income of approximately $1475 each. In the year 1930 the employer class income actually advanced while the incomes of the working class collapsed; more than a dozen million workers were not permitted to work and earn at all. In 1931 wages had slumped 38. 6% from the 1929 level; interest had slumped Y?.
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