afl - cio common sence economics vicious virtuous cycle

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THE VIRTUOUS CYCLE More profits, broadly shared, drives increased wages and investment An Economy That Works for Everyone Investments in Research, Transportation and Infrastructure Technology Advances Productivity Rises Wealth Increases Wages Rise Demand Increases More Tax Revenue Investment in Business Grows Investor Profits Rise

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The VirTuous CyCleMore profits, broadly shared, drives increased wages

and investment

An Economy That Works

for Everyone

Investments in Research, Transportation and Infrastructure

Technology Advances

Productivity Rises

Wealth Increases

Wages Rise

Demand Increases

More Tax Revenue

Investment in Business Grows

Investor Profits Rise

The ViCious CyCleWages Flat, Profits hoarded, No investment

The Economy of the 1% Doesn’t Work

Lobbyists, Campaign Contributions, Revolving Door to Public Sector

CEO Compensation Soars(300 times average worker’s pay)

Investor Profits Rise

Productivity Grows But Wages Stagnate

Investments in Research and Infrastructure Starved

Technology Advance Falters

Wealth Increases for the Top 1%

Rules Changed to Benefit Wealthy and Corporations