Business is making the adjustment to the new economy, but Americans are not, as many are now stuck in low paying, tight pay-check to pay-check budgets.

Liberals and Democrats have been sounding the warning for a while about middle class pay, but Republicans have been claiming that employees assumed incorrectly that they were entitled to a living wage. Another words, middle class families were making too much.

Guess what? Republicans are winning the war on labor.   

WallStreetJournal: Less income, more layoffs. That isn’t a combination to bring joy to U.S. consumers. The soft patch seen in the first quarter is carrying into the spring. And consumers are the ones slipping toward trouble
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The Bureau of Economic Analysis revised its calculation of first-quarter real gross domestic product … The new mix of growth was very troubling … the growth came from inventory accumulation and less from consumer spending … Even more alarming for the outlook: The BEA now says real disposable income barely grew over the past three quarters.

Meanwhile, U.S. businesses are raking in a boatload of cash.

So cutting wages and forcing consumers to cut back on spending is a good thing, while companies are still able to rake in huge profits?

What’s not to like about capitalism?