Short Round (sort of)

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Today's not-so short round focuses on Biden's meeting with AFL-CIO executives last week in Miami. At the five-star Fontainebleau Hotel. (remember that last part, we'll come back to that one)

Here is the gist of his message: Frick and Frack in the White House will do all they can to boost union power. In Biden's words:

“We're going to make sure that in every policy, every decision, we don't lose sight of the folks that brought us to the dance,” he said -- a reference to organized labor’s support of the Obama-Biden ticket. “And toward that end, we have to make sure that the jobs we're creating come with fair wages and decent benefits.”

Well...I'm glad to see they've put a stop to pandering to special interests.

Wait. It gets better.

"economic injustice and inequity are bad for everyone. It's just not right and everybody knows it -- it's just not right when the average CEO makes $10,000 more every day...than what the average worker makes every year.”

Stirring words really. Especially when delivered at the five-star Fontainebleau Hotel in Miami. Funny, I don't notice any outrage at this boondoggle.

To continue:

Biden says the middle class has been "slipping" in recent years because the “social contract” is out of balance.

"When productivity goes up, the people responsible for that productivity are supposed to benefit. That’s the “deal,” he said: “We don't want chief executives and wealthy people not to get wealthy. That's okay by us. (I'm sure it is, they're needed to foot the bill) Every one of us hope our kids end up there some day.” (Because we're leaving them the mother of all debts to pay off)

But Biden said the deal involves workers getting a piece of the higher profits generated by their labor: “While a company’s management may come up with a good idea, workers “help make it happen…we do things faster and better and cheaper for you so the profit margin increases -- the deal was we get a piece of that. We get a piece of it -- a fair piece. That's the bargain.”

Let's ask the auto industry how well that bargain is working, shall we?

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