While poverty levels grow and living standards fall, the American bosses keep up the pressure to drive down real wages even further. The latest example is what is happening at Delphi (that supplies parts to GM) where the bosses asked workers to take a 63% pay cut. In December the UAW votes on what response to give and GM are bracing themselves for possible strike action.

Living standards for the US working class have been falling for some time. Inside the richest country in the world we have “third-world” type conditions for a layer of the population.