Economy

U.S. Chamber Watch: “American Business Would Be A Lot Stronger Without the ‘Help’ of the U.S. Chamber”

Yesterday morning, U.S. Chamber President and CEO Tom Donohue gave his annual "State of American Business" speech, in which he denounced a so-called "regulatory state" on business.  The Washington Post and FireDogLake covered our response: More...

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Whose opportunity does U.S. Chamber of Commerce President Tom Donohue talk about when he talks about opportunity?

The Chamber’s policies might give the largest corporations the opportunity to grow, but that is often not the same thing as growth and opportunity for the American people. After-tax corporate profits in the third quarter topped 11 percent of GDP for the first time since the records started in 1947. But everyday Americans aren’t doing so well, with real median household income declining 4.4 percent since 2009.

When the Chamber opposes increasing minimum wages to coincide with growth in productivity and the economy overall, one must ask whose growth and opportunity the Chamber is pushing for.