cyu
6th February 2010, 20:54
Excerpts from http://www.mybudget360.com/the-devaluation-and-fight-for-survival-of-the-american-middle-class-%E2%80%93-how-three-decades-has-shifted-the-concentration-of-financial-wealth-to-the-top-1-percent/
We have been getting richer as a nation overall. This is true. But why is it so hard for average Americans to now get by with two incomes when one income seemed adequate 40 years ago? The income gains have largely gone to the top 1 percent from 1979 to 2005:
http://www.mybudget360.com/wp-content/uploads/2010/02/Income_gains-from-1979-2005.jpg
How much longer do people need to realize that both political parties seem to serve one master and it has an address on Wall Street?
one small chunk of our population is benefitting on the backs of bailout funding.
http://www.mybudget360.com/wp-content/uploads/2010/02/who-got-the-bailouts.png
Wall Street enjoys the fact that Americans are split down the middle on issues and fighting over petty things while trillions keep rolling into their coffers. Time to wake up and see what is really happening to our nation.
We have been getting richer as a nation overall. This is true. But why is it so hard for average Americans to now get by with two incomes when one income seemed adequate 40 years ago? The income gains have largely gone to the top 1 percent from 1979 to 2005:
http://www.mybudget360.com/wp-content/uploads/2010/02/Income_gains-from-1979-2005.jpg
How much longer do people need to realize that both political parties seem to serve one master and it has an address on Wall Street?
one small chunk of our population is benefitting on the backs of bailout funding.
http://www.mybudget360.com/wp-content/uploads/2010/02/who-got-the-bailouts.png
Wall Street enjoys the fact that Americans are split down the middle on issues and fighting over petty things while trillions keep rolling into their coffers. Time to wake up and see what is really happening to our nation.