The Swamp of Washington and the Morass of the Economy

Agree with first half, unsure where the "value of labor" concept comes from.

A free market allocates wages according to the jobs available, the skills needed for those jobs, and the resulting equation that matches the numbers. Labor only has as much value as the market is willing to pay. The market pays higher wages for higher skills. Arbitraril­y trying to raise wages for a particular job or skill set only drives the jobs to areas or countries where available labor and skill sets are a better match for demand.

You want better economic balance? Vote for representa­tives, (and make your voice heard through calls, emails and letters); that will force responsibl­e government agencies to get rid of the many hidden and overt monopolies that control important segments of the economy.
Read the Article at HuffingtonPost