This is wrong, grossly misleading, and politically costly.
The cost of labor is too high, but not because of paycheck. It is the benefits portion that went sky-high after the health-care reform.
The enemy of prosperity are politicians that created the current housing crisis and current unemployment. The author misleads us into thinking that the problem stems from the workplace. It does not. We have enough of socialist propaganda pointing to CEOs and "capitalists." The problem is socialist politicians in the WH and Congress.
“The cost of labor is too high....”
The return too low...
The ROOT problem is that Americans have been spoiled and expect too much.
America became a GREAT nation without having a coddled, subsidized “class” of people who could buy homes, new cars and big-screen TVs while working a 40-hour-per-week schedule.
This politically correct worship of the sacred “middle class” — something we did very well without until after WWII — has to end. The gravy train is over!