Yes. The Fed has spend 30 years ensuring that labor never has the upper hand: http://thinkprogress.org/yglesias/2011/09/14/319359/how-asymmetrical-monetary-poli

Yes. The Fed has spend 30 years ensuring that labor never has the upper hand: http://thinkprogress.org/yglesias/2011/09/14/319359/how-asymmetrical-monetary-policy-ensures-wage-stagnation/ http://thinkprogress.org/yglesias/2011/09/14/319359/how-asym... http://rortybomb.wordpress.com/2011/03/18/the-federal-reserve-unions-wage-stagnation-and-risk-shifted-jobs/ http://rortybomb.wordpress.com/2011/03/18/the-federal-reserv... WRT manufacturing: http://rortybomb.wordpress.com/2011/01/21/immelt-ge-capital-and-the-financialization-of-manufacturing/ http://rortybomb.wordpress.com/2011/01/21/immelt-ge-capital-...