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In reply to the discussion: They once inhabited a vast swath of North America but their numbers have been greatly reduced [View all]bvar22
(39,909 posts)59. I can't believe that some people are STILL sellling that "recovery" bullshit.
CHARTS: The Amazing Wealth Surge For The Top 0.1 Percent
http://talkingpointsmemo.com/dc/the-amazing-wealth-surge-for-the-top-0-1-percent
Korean Free Trade Deal devastating for US Workers
(Prototype for the TPP)
What happened to the 70,000 jobs that the Korea Free Trade deal was supposed to create? They never materialized. Instead, U.S. workers lost 40,000 jobs in the first year of the agreement.
http://www.huffingtonpost.com/larry-cohen/koreaus-free-trade-agreem_b_4965492.html
http://www.huffingtonpost.com/larry-cohen/koreaus-free-trade-agreem_b_4965492.html
Meet the TPP: Crony capitalism on a global scale
https://represent.us/action/tpp/
Obama selects former Monsanto lobbyist to be his TPP chief agriculture negotiator
http://www.democraticunderground.com/10023662210
"Obama Admins TPP Trade Officials Received Hefty Bonuses From Big Banks"
http://billmoyers.com/2014/02/20/obama-admin%E2%80%99s-tpp-trade-officials-received-hefty-bonuses-from-big-banks/
Study: "Trade" Deal Would Mean a Pay Cut for 90% of U.S. Workers
http://citizen.typepad.com/eyesontrade/2013/09/the-verdict-is-in-the-trans-pacific-partnership-tpp-a-sweeping-free-trade-deal-under-negotiation-with-11-pacific-rim-coun.html
Retirement: A third have less than $1,000 put away
http://www.usatoday.com/story/money/personalfinance/2014/03/18/retirement-confidence-survey-savings/6432241/
95 percent of the economys gains have gone to the top 1 percent
http://billmoyers.com/2014/01/10/why-conservatives-old-divide-and-conquer-strategy-%E2%80%94-setting-working-class-against-the-poor-%E2%80%94-is-backfiring/
Billionaire wealth doubles since financial crisis
http://www.upi.com/blog/2013/11/12/Billionaire-wealth-doubles-since-financial-crisis/5011384268135/?spt=hts&or=12
The Top .01 Percent Reach New Heights
http://www.demos.org/blog/9/13/13/top-01-percent-reach-new-heights
Obama Appoints Bain Capital Consultant Jeff Ziets to Top Post
http://www.democraticunderground.com/10023662209
Obama appoints industry insider to head the FCC
http://www.democraticunderground.com/10024521140
The Totally Unfair And Bitterly Uneven 'Recovery,' In 12 Charts HuffPo
http://www.democraticunderground.com/10023662029
Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting
http://www.democraticunderground.com/1014553343#post1
Wall Street will get away with massive wave of criminality of 2008 - Statute of Limitations
http://www.pbs.org/wgbh/pages/frontline/business-economy-financial-crisis/untouchables/supreme-court-ruling-a-blow-for-future-financial-crisis-cases/
Income gap widest ever: 95 Percent of Recovery Income Gains Have Gone to the Top 1 Percent
http://www.slate.com/blogs/moneybox/2013/09/10/one_percent_recovery_95_percent_of_gains_have_gone_to_the_top_one_percent.html
Older Workers:.Set Back by Recession, and Shut Out of Rebound
http://www.nytimes.com/2013/08/27/booming/for-laid-off-older-workers-age-bias-is-pervasive.html?smid=tw-share&_r=3&
Right now, forty percent of Americans make less than the minimum wage from 1968.
http://pac.petitions.moveon.org/sign/raise-the-minimum-wage-19/?source=search
Daily CEO Pay Now Exceeds the Average Worker's Annual Salary
http://thecontributor.com/daily-ceo-pay-now-exceeds-us-workers-annual-salary
New Rule (Passed by Congress and signed by President Obama) signals Kiss of Death for Pensions
http://www.cnbc.com/id/100694955
Wealthy win lion's share of major tax breaks
http://www.boston.com/business/news/2013/05/29/wealthy-win-lion-share-major-tax-breaks/Ua0UyYle21EUXub7g1suCI/story.html
Wealth gap widens as labor's share of income falls
http://www.nbcnews.com/business/wealth-gap-widens-labors-share-income-falls-1B6097385
Corporate Profits Hit Record High While Worker Wages Hit Record Low
http://thinkprogress.org/economy/2012/12/03/1270541/corporate-profits-wages-record/?mobile=nc
Why do we need real change in the Democratic Party?
Because THIS ^ does NOT happen by accident.
It is the result of Economic Policy designed to produce the above results,
and sold to a gullible American public.
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They once inhabited a vast swath of North America but their numbers have been greatly reduced [View all]
Fumesucker
Jun 2016
OP
It's not just the labels. The 50% who are "middle class" are more squeezed than before
Bucky
Jun 2016
#35
"the largest losses in the middle class since 1970 are due to people becoming wealthy"
Phlem
Jun 2016
#48
I started with the simple statement that the number of people in the middle class has been growing
bhikkhu
Jun 2016
#93
There is no doubt that the number of people in lower income households has been rising
bhikkhu
Jun 2016
#92
Too little too late. Look at my last post. And your links just prove my point.
passiveporcupine
Jun 2016
#89
So according to you, if 95% of 2,000 purple eyed people die at age 2 years old
angstlessk
Jun 2016
#13
I would say its good that we have added 30 million or so to the middle class since 1970
bhikkhu
Jun 2016
#16
demographic changes...vietnam is now a labor competitor? THAT demographic change?
angstlessk
Jun 2016
#15
Yet almost everyone misses that 75% more people moved into the upper class than fell into the lower
whatthehey
Jun 2016
#47
Again, of course all segments of society will grow as the population grows.
passiveporcupine
Jun 2016
#84
For sure. Already posted in Good Reads but for whatever reason not much traffic.
appalachiablue
Jun 2016
#39
Ah it makes perfect sense now. So if 50% of Americans, about 160 million, are middle class
A Simple Game
Jun 2016
#36
this says the middle class is shrinking but you've been stating the middle class is growing
passiveporcupine
Jun 2016
#83
Glad to see you understand the middle class shrunk due to the wealthy stealing from the working
Rex
Jun 2016
#56