This note was sent to TRNN from Doug Henwodd following the debate: These figures come from the U.S. Bureau of Labor Statistics. The only thingI did to them was to re-index the numbers so that the first quarter of 1964 = 100. The “compensation” measure includes fringe benefits, which have beengreatly inflated by health insurance premiums […]
Author Archives: Doug Henwood and Peter Schiff
Doug Henwood is the editor and publisher of Left Business Observer, a contributing editor of The Nation, and hosts a radio weekly program called "Behind the News" on WBAI in New York. His most recent book, published in 2003, is called After the New Economy. He is now working on a new book about today's American ruling class.
Peter Schiff is the President and Chief Global Strategist of Euro Pacific Capital, a full service registered broker dealer, specializing in foreign securities. Mr. Schiff is the author of four bestselling books, including his latest: "How an Economy Grows and Why It Crashes", and "Crash Proof: How to Profit from the Coming Economic Collapse", published in 2009. (http://schiffgold.com/our-team/peter-schiff/)