Construction workers at the centre of the class struggle
Submitted by DennisK on April 8, 2011 - 07:32
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I guess, no one can really
I guess, no one can really say when will this financial crisis will end. Thus, worker's on protests can't be blamed nor stopped especially those who were working on construction industry. We know that building spending has been in freefall for months. Construction spending hit a twelve-year low in Feb. as that industry of the economy continued to weaken. New home building, which is at an all-time low, is the major drag on the market. Here is the proof: Construction sector continues to hold back more robust recovery
Naturally, who will suffer? Of course the low wage earners.
welcome to the site
Welcome to the site. The debt-fuelled building and housing boom was a major element that precipitated the crash of 2007-8. And as you say, construction workers have been in the front line of lay-offs and other attacks.