American workers are slowly regaining power

News Snapshot:

American labor lost out during the last 40 years. Union membership fell by half, millions of manufacturing jobs went to China, the middle class shrank, and wealthy Americans captured most of the income gains. Workers may finally be regaining power, due to a combination of factors: President Joe Biden’s pro-worker policies, protectionism in both political parties, labor shortages in some industries, and shifting economic priorities in society as a whole. The gains are fragile, for now, and might not last. Voters may not even care that much, and they could unwittingly usher in a reversal. Yet every week, some small...