In the 1950’s unions were a force at around 60% of the work force belonging to them, now only about 3% of teh workforce belong to unions so I dont see how they hae much relavency. (growth started as a result of many historical events one of wich was the triangle fire (NY). Triangle Shirtwaist Factory fire - Wikipedia, the free encyclopedia
To your point about the other adverse areas nullifying any revenue gains from tax code adjustments; would you also agree that there should still be such adjustments as there would be some revenue increases from such adjustments, allthings being equal.
Cheap energy involves trade agreement adjustments with many of our energy suppliers over seas. WOuld you agree we need to correct our trade policy imbalance with countries like China who charges tariffs on imports from the USA but we charge no tariffs in chinese imports.
Without correcting middleclass unemployment (largest consumer pool), the lack of demand for goods and services will continue to strain corperate and buisness resources and expansion. Thus, continue the endless cycle of low employment->low demand goods and services->low corpeate and business expansion->corperation and business failures-> increasing unemployment-> excellerating over time until the system consumes itself and crashes.
It will be interesting to see how we put the brakes on this trend. We won’t be able to unless our govt policies start keeping the welfare of the american worker paramount in our global trade agreements. Focus on rather then ignoring our unemployment problem. Both parties seem to be avoiding this elephant in the middle of the room.