Bill Brock Warns That Wage Depression Could Tear At Nation’s Social Fabric

By Kleinheider Posted on October 20, 2008 at 8:40 am

One of Tennessee’s first modern Republican statewide officeholders talks economics:

“The challenge is that coalescing labor markets are pushing wages down at all skill levels,” said Bill Brock, a former Lookout Mountain resident and one-time U.S. trade representative. “The result is there’s going to be continued downward pressure on our basic standard of living.

“I want to tell you,” Mr. Brock warned. “If you want to see the social tensions of this country explode, let that go on (without taking action).”

permalink

Tags: Bill Brock, social tensions

Comments

3 Responses to “Bill Brock Warns That Wage Depression Could Tear At Nation’s Social Fabric”

bridgett writes
October 20th, 2008 8:52 am

So, wage floors? COLA? Tariffs? What’s the plan?
DG writes
October 20th, 2008 9:10 am

Unions?
bridgett writes
October 20th, 2008 9:16 am

I like how you think.

Bill Brock Warns That Wage Depression Could Tear At Nation’s Social Fabric

Comments

Partly Cloudy

Recent Comments

The Collective

Sharoncobb.com » The American Music Awards Are Tonight, With Adam Lambert Performing

Sharoncobb.com » On '60 Minutes' Tonight (Nov 22) Forget the 72 Virgins- New Jersey "Paradise On Earth"

Sharoncobb.com » On 'Face The Nation' This Morning (Nov 22)

Sharoncobb.com » On 'This Week With George Stephanopoulos' This Morning (Nov 22)

Cosmopolitan Conservative » CosmoCon Queue

KnoxViews - » Senator Alexander, Are 1.2 Million Tennesseans "Ghetto"?

Sharoncobb.com » Senator Alexander Is An Elitist--Us Po' Tennesseans Are Ghetto

WisdomIsVindicated » TN gun ruling: whose Constitutional right is at stake?

Serr8d's Cutting Edge » Rickety Structures

terryfrank.net » What Obama REALLY thinks of “his” troops

Compassion in Politics: Christian Social Entrepreneurship, Education Innovation, & Base of the Pyramid/BOP Solutions » Top 100 Tools for Learning in 2009

WisdomIsVindicated » Bureaucratic boobs

Sharoncobb.com » BREAKING: Democrats have 60 votes to advance health bill

Camp4u » No guns in bars could mean guns in ALL bars.

Camp4u » Special session in December

Women's Health News » More Writing On and Coverage of the Mammography Controversy

Tiny Cat Pants » The Butcher Keeps Me On Track

TaxingTennessee » Most Obscene Global Warming Alarmist Ad Yet

WisdomIsVindicated » So-called scientists

KnoxViews - » We waited with baited breath, turned our lonely eyes 2 U

Appalachian Abroad » Obama Should End the War

Compassion in Politics: Christian Social Entrepreneurship, Education Innovation, & Base of the Pyramid/BOP Solutions » Coworking, Jelly, and Coffee Shop Mashup!!!

Compassion in Politics: Christian Social Entrepreneurship, Education Innovation, & Base of the Pyramid/BOP Solutions » An Open Letter to the Washington Post Online

KnoxViews - » Knox candidates off and running

KnoxViews - » No guns in bars. Again.

KnoxViews - » They Work for You,

KnoxViews - » Restaurant Review: K Town Kebabs, or "How I went to the mall, and left happy."

KnoxViews - » Southeastern Division of the Association of American Geographers in Knoxville, Nov 22-24

KnoxViews - » Quote of the Day

KnoxViews - » County Commission District 7

KnoxViews - » University of Calif. OKs 32 percent tuition hike

KnoxViews - » Cortney Piper considers bid for Burchett's State Senate seat

KnoxViews - » Obama: slacker

KnoxViews - » FAA: Flight delays due to computer glitch

KnoxViews - » Public meeting re. Gay Street 100 block project

KnoxViews - » Speaking of convergence

KnoxViews - » Distance learning from space

KnoxViews - » Headline of the day

KnoxViews - » Friday marks official start of the Knox County 2010 elections

KnoxViews - » Brown bag lunch and book discussion today with Dr. McIntyre

KnoxViews - » A quick note about the trial of Khalid Sheik Mohammed

KnoxViews - » Interesting afternoon at UT

KnoxViews - » While City Council is Considering EZ Bonds to Upgrade the Holiday Inn,

KnoxViews - » NEA/AFT oppose tax on "Cadillac" health plans

KnoxViews - » What to do? Breast cancer screening guidelines changing?

KnoxViews - » Environment America: 100 new nuclear reactors not the answer to global warming

KnoxViews - » Leonid Meteor Showers Peak Tuesday

KnoxViews - » TNDP: Obama is not a communist

KnoxViews - » Palin could easily get the GOP nomination in 2012 due to winner take all primaries

KnoxViews - » Paula Flowers ready for progressive prime time?

KnoxViews - » 10 Differences Between Fox News and MSNBC

KnoxViews - » Layoffs report

KnoxViews - » Karaoke pirates

TaxingTennessee » The Fightin Double Zero Congressional District

KnoxViews - » County Commission District 7

Tennesseefree.com » Voting For Health Bill Requirement of Blackness

TaxingTennessee » William Jefferson's legal bills to be paid by taxpayers

KnoxViews - » Knox candidates off and running

The World According to Oatney » Question of the Weekend

The World According to Oatney » Question of the Weekend

Sharoncobb.com » The Senate Will Take Up The Health Care Bill, Today. (Saturday)

Sharoncobb.com » The Making Of The Beatles--Never Seen Before Footage

Serr8d's Cutting Edge » Sarah Palin's Uterus...

Serr8d's Cutting Edge » Look! BUNNIES!!!11!!!1!!!

Blue Collar Republican » Vote For Kelsey!!!!!!!

The World According to Oatney » It Isn't Just Guns In "Bars"

The World According to Oatney » It Isn't Just Guns In "Bars"

Cosmopolitan Conservative » Health Care Updates

Nashville Scene - Pith in the Wind » Radio Fred: Thompsonism of the Month

Tiny Cat Pants » A Vague Woo Hoo!

KnoxViews - » No guns in bars. Again.

Nashville Is Talking » Tennessee law allowing guns in bars ruled unconstitutional

NashvillePost.com » Legal costs mount for iPayment CEO

NashvillePost.com » Cogent prepping for acquisitions

Nashville Scene - Pith in the Wind » 'Tough Trade' Open Casting Tomorrow