Show N Ya J Ri Nij t lt Si J 1 I N E SiS t jj- jj ij KA i Perhaps rather than a good five cent cigar elgar what this coun coun- coun country try needs more is for some some- somebody body to figure out how to ex ec- ec by another ten per percent percent cent or more itt At the present time a blue ribbon commission is holding over hearings the na all tion to deter m mine why d t X consumers pay more for J f 0 0 d and andt t farmers get Zt less Rep H R 1 recently pointed out that farm income in 1964 when total national in in- in income come was billion dollars was 2 billion less than 14 years previously when the total national income was less than half the 1964 level Yet food prices are higher I Or it can be e stated sated another way In 1018 wages and sal sal sal- salaries aries accounted for 64 of the national income and fringe benefits another 26 for a total of 63 fly By 1964 wages and salaries had jumped to while fringe benefits had al al- al almost most tripled to account for 62 of the national income This then totalled 71 for an in crease of 8 of which about halt half Is accounted for tor by fringe benefit Increases In 1948 1048 farm income ac ac- ac accounted counted for 78 of the total national product In 1964 farm income dropped to 23 In 1918 19 small bus to Ie or nil professions accounted for tor I ot of the total national tn come By 1964 1 this had dropped I to 76 The total drop of share of national Income for these two groups is 8 or precisely equal the Increased percentage that went to wages and salar I ies and fringe benefits As al II ready stated ot of this increase half was accounted for by jumps In fringe benefits I Without the multibillion multi dol lar farm price support pro pro- programs grams farm percentage of to I tal national income would un Un- Un Undoubtedly be substantially less To be sure by and large the small enterpriser the protes professional people and the farmer mayor may or may not be getting some higher prices and tees fees but they are also alo paying more for everything they must buy thus thu's the only true guide to the state of the conomy Is the per per per- percentages of the national In in- in income come received Increased fringe benefits such as welfare grants and pension funds do not come out of thin air Somewhere any in creased percentage for them must come out of some other segment of the economy You just cannot go higher than of the total national income II Eventually if an American middle class dass Is to be preserved there will have to come about a coalition of effort by the in in- in pendent entrepreneur the pro worker and the farm farm- farmer er to halt the inroads being ma made by power hungry labor leaders aided and abetted by vote hungry politicians |