Caterpillar Demands 7 Year Wage Freeze

This article describes Caterpillar's demands that they do not want to negotiate with their union.  The company has been very profitable and it has increased executive wages while it demands lower wages for hourly workers.  Its labor policies are part of the problem that has led to a hollowing out of the US middle class.  The post below is the first in a series on the decline in median household income and the rise in income going to the top 1%.