Canada’s Deputy Prime Minister Says the US Middle Class ‘Needs a Pay Cut’

Deputy Prime Minister of Canada Chrystia Freeland, Wiki
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The Deputy Prime Minister of Canada Chrystia Freeland said that the American middle class “needs a pay cut.” She agreed with the idea that the American middle class doesn’t deliver enough global value to merit the high wages. She was dismayed that political and social concerns make it very “difficult” to sell a massive cut in pay for the entire American middle class.

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Summary by JW WIlliams

The Deputy Prime Minister of Canada and WEF “goon” Chrystia Freeland, says that the American middle class “needs a pay cut.” She agreed with the idea that the American middle class doesn’t deliver enough global value to merit the high wages. She was dismayed that political and social concerns make it very “difficult” to sell a massive cut in pay for the entire American middle class.

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PJ Media wrote of “green” schemes and technology: “None of this was ever about raising anyone’s living standards outside of a tiny cabal of elites; it was, in fact, about lowering Western living standards to third-world status until everyone is landless in a digital fiefdom.”

Comedians Jimmy Dore and Kurt Metzger roasted Chrystia Freeland in a bawdy video and pointed to the truly outrageous gap between productive workers and the top 1% of corporate executives, bankers and other wealth managers.

Here is the graph and the headlines that they cited in their video that gives a more accurate picture of the transfer of wealth from the middle and working class to the upper 1% of wealth holders.

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This graph from the Economic Policy Institute shows the gap between productivity and wages: as productivity rose, wages also rose. This continued until the late 1970s when government policies suppressed wage growth. From 1979 to 2020, net productivity rose 61.8%, while the hourly pay of typical workers grew far slower, increasing only 17.5% over four decades. The productivity profits were diverted from workers into the salaries of highly paid corporate and professional employees. And it went toward returns to shareholders and other wealth owners.

In addition, manufacturing jobs were sent overseas.

Headlines that show the excessive wealth of the 1%:

Wages for the Top 1% Skyrocketed 160% Since 1979 While the Share of Wages for the Bottom 90% Shrunk (link)

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That’s Made the US Less Secure (link)

The Top 1% Officially Have More Money than the Whole Middle Class (link)

Congress Approved $113 Billion of Aid to Ukraine in 2022 (link)

Sources:

PJ Media:   https://pjmedia.com/news-and-politics/benbartee/2023/01/26/canadas-deputy-pm-u-s-middle-class-needs-a-pay-cut-n1665461

Jimmy Dore:    https://www.youtube.com/watch?v=-QkCPhGzjBk

Economic Policy Institute:    https://www.epi.org/productivity-pay-gap/

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Ragnar D.
Ragnar D.
2 months ago

That’s truly rich to hear this WEF parasite lecturing us about how her parasitized victims should be earning less money. The best assessment I heard of the recent WEF meeting in Davos was that globalism is dead, and the Davos meeting was its funeral ceremony.

gina
gina
1 month ago
Reply to  Ragnar D.

Was she quoting someone? Cause Canadians don’t get a vote on American things….. Unless you are a globalist

Barbara Cartile
Barbara Cartile
1 month ago
Reply to  gina

She IS a globalist. Sits on the board of W.E.F.
As a Canadian, I can truly say that no one here listens to her.

Judith
Judith
1 month ago
Reply to  Ragnar D.

Doubtful…… Globalism has been ongoing for freaking decades and they won’t stop until they succeed, unless God Almighty shows his hand !!!!

Judith
Judith
1 month ago

 WEF “goon” Chrystia Freeland can stick it where the sun don’t shine and keep her bloody nose out of the affairs of the USA !!!