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In reply to the discussion: Bill Clinton, STFU [View all]Divernan
(15,480 posts)How appalling and disgusting to see Bill Clinton devote his considerable mental abilities & political skills to glorify and exploit the demise of the US working class. He sounds like goddamn Romney speaking at a fundraiser to his one percent donors. "Hey, fellas! This is great! We've ripped off the US working class/middle class down to the point they're at a third world level! Or as I, Bill Clinton, like to describe it: America's wages are now on parity globally!" No wonder Clinton, Obama & the 2 Bushes distanced themselves physically from Jimmy Carter in that Oval Office photo of the 5 presidents. Carter is to that bunch of uber capitalists as garlic is to vampires or holy water sprinkled on evil spirits.
China's per capita income is three and a half times less than that of the U.S., and even less than Brazil. http://www.forbes.com/sites/kenrapoza/2013/03/23/within-three-years-u-s-no-longer-no-1/
For god's sake, all you Clinton supporters. Look at the numbers he gleefully relies upon to claim the US has global parity re wages. The US race to the bottom re the difference in income distribution between the 1 percent and the rest of us, the huge increase in payoffs to corporate board members, the obscenely high ratio of CEO pay to worker bee pay as compared to other civilized countries like Germany, etc., - of course America's wages have dropped to the point of being on parity with third world countries.
http://www.bizjournals.com/bizjournals/on-numbers/scott-thomas/2011/07/china-india-and-us-are-top-3-population.html
Rounding out the top five are Indonesia (245.6 million) and Brazil (203.4 million)
https://www.google.com/search?q=ratio+of+CEO+pay+to+worker+pay+by+country&client=firefox-a&hs=Qup&rls=org.mozilla:en-US
RATIO OF PAY - CEO: Average worker
JAPAN 11:1
GERMANY 12:1
FRANCE 15:1
ITALY 20:1
CANADA 20:1
SO. AFRICA 21:1
BRITAIN 22:1
MEXICO 47:1
VENEZUELA 50:1
UNITED STATES 475:1
Americans are falling out of the middle class at an alarming rate. It has been observed that the only way kids of middle class families will be able to remain in the middle class is if they each inherit considerable funds.