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more proof the middle class is screwed
the right keeps denying the middle class is getting screwed. THEN,
when they DO admit we have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exacerbated the “personal recession” that ordinary Americans had been suffering for years. Dubbed “median wage stagnation” by economists, the annual incomes of the bottom 90 per cent of US families have been essentially flat since 1973 – having risen by only 10 per cent in real terms over the past 37 years. That means most Americans have been treading water for more than a generation. Over the same period the incomes of the top 1 per cent have tripled. In 1973, chief executives were on average paid 26 times the median income. Now the *multiple is above 300. The trend has only been getting stronger. Most economists see the Great Stagnation as a structural problem – meaning it is immune to the business cycle. In the last expansion, which started in January 2002 and ended in December 2007, the median US household income dropped by $2,000 – the first ever instance where most Americans were worse off at the end of a cycle than at the start. Worse is that the long era of stagnating incomes has been accompanied by something profoundly un-American: declining income mobility. Then there are those, such as Paul Krugman, The New York Times columnist and Nobel prize winner, who blame it on politics, notably the conservative backlash which began when Ronald Reagan came to power in 1980, and which sped up the decline of unions and reversed the most progressive features of the US tax system. Fewer than a tenth of American private sector workers now belong to a union. People in Europe and Canada are subjected to the same forces of globalisation and technology. But they belong to unions in larger numbers and their healthcare is publicly funded. More than half of household bankruptcies in the US are caused by a serious *illness or accident --------------- middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... |
more proof the middle class is screwed
On Aug 2, 4:00*pm, bpuharic wrote:
the right keeps denying the middle class is getting screwed. THEN, when they DO admit we *have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exacerbated the “personal recession” that ordinary Americans had been suffering for years. Dubbed “median wage stagnation” by economists, the annual incomes of the bottom 90 per cent of US families have been essentially flat since 1973 – having risen by only 10 per cent in real terms over the past 37 years. That means most Americans have been treading water for more than a generation. Over the same period the incomes of the top 1 per cent have tripled. In 1973, chief executives were on average paid 26 times the median income. Now the *multiple is above 300. The trend has only been getting stronger. Most economists see the Great Stagnation as a structural problem – meaning it is immune to the business cycle. In the last expansion, which started in January 2002 and ended in December 2007, the median US household income dropped by $2,000 – the first ever instance where most Americans were worse off at the end of a cycle than at the start. Worse is that the long era of stagnating incomes has been accompanied by something profoundly un-American: declining income mobility. Then there are those, such as Paul Krugman, The New York Times columnist and Nobel prize winner, who blame it on politics, notably the conservative backlash which began when Ronald Reagan came to power in 1980, and which sped up the decline of unions and reversed the most progressive features of the US tax system. Fewer than a tenth of American private sector workers now belong to a union. People in Europe and Canada are subjected to the same forces of globalisation and technology. But they belong to unions in larger numbers and their healthcare is publicly funded. More than half of household bankruptcies in the US are caused by a serious *illness or accident --------------- middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... Bob, the middle class has been screwed for over 200 years. An interesting documentary: http://www.lifeontheedgeofabubble.com/ |
more proof the middle class is screwed
On Mon, 2 Aug 2010 14:47:09 -0700 (PDT), Tim
wrote: On Aug 2, 4:00*pm, bpuharic wrote: the right keeps denying the middle class is getting screwed. THEN, when they DO admit we *have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... Bob, the middle class has been screwed for over 200 years. An interesting documentary: http://www.lifeontheedgeofabubble.com/ aint that the truth... |
more proof the middle class is screwed
bpuharic wrote:
the right keeps denying the middle class is getting screwed. THEN, when they DO admit we have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession, which merely exacerbated the “personal recession” that ordinary Americans had been suffering for years. Dubbed “median wage stagnation” by economists, the annual incomes of the bottom 90 per cent of US families have been essentially flat since 1973 – having risen by only 10 per cent in real terms over the past 37 years. That means most Americans have been treading water for more than a generation. Over the same period the incomes of the top 1 per cent have tripled. In 1973, chief executives were on average paid 26 times the median income. Now the *multiple is above 300. The trend has only been getting stronger. Most economists see the Great Stagnation as a structural problem – meaning it is immune to the business cycle. In the last expansion, which started in January 2002 and ended in December 2007, the median US household income dropped by $2,000 – the first ever instance where most Americans were worse off at the end of a cycle than at the start. Worse is that the long era of stagnating incomes has been accompanied by something profoundly un-American: declining income mobility. Then there are those, such as Paul Krugman, The New York Times columnist and Nobel prize winner, who blame it on politics, notably the conservative backlash which began when Ronald Reagan came to power in 1980, and which sped up the decline of unions and reversed the most progressive features of the US tax system. Fewer than a tenth of American private sector workers now belong to a union. People in Europe and Canada are subjected to the same forces of globalisation and technology. But they belong to unions in larger numbers and their healthcare is publicly funded. More than half of household bankruptcies in the US are caused by a serious *illness or accident --------------- middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. |
more proof the middle class is screwed
On Tue, 03 Aug 2010 20:27:40 -0400, Larry wrote:
bpuharic wrote: Then there are those, such as Paul Krugman, The New York Times columnist and Nobel prize winner, who blame it on politics, notably the conservative backlash which began when Ronald Reagan came to power in 1980, and which sped up the decline of unions and reversed the most progressive features of the US tax system. Fewer than a tenth of American private sector workers now belong to a union. People in Europe and Canada are subjected to the same forces of globalisation and technology. But they belong to unions in larger numbers and their healthcare is publicly funded. More than half of household bankruptcies in the US are caused by a serious *illness or accident --------------- middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html |
more proof the middle class is screwed
bpuharic wrote:
On Tue, 03 Aug 2010 20:27:40 -0400, wrote: bpuharic wrote: Then there are those, such as Paul Krugman, The New York Times columnist and Nobel prize winner, who blame it on politics, notably the conservative backlash which began when Ronald Reagan came to power in 1980, and which sped up the decline of unions and reversed the most progressive features of the US tax system. Fewer than a tenth of American private sector workers now belong to a union. People in Europe and Canada are subjected to the same forces of globalisation and technology. But they belong to unions in larger numbers and their healthcare is publicly funded. More than half of household bankruptcies in the US are caused by a serious *illness or accident --------------- middle class DECLINING in income FEWER UNIONS notice a pattern here? aided and abetted by right wing mythology about the 'american dream' and the infallibility of the rich... No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. |
more proof the middle class is screwed
On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote:
bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... |
more proof the middle class is screwed
"bpuharic" wrote in message ... On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote: bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... You're a fine one to point out others personal attacks. |
more proof the middle class is screwed
On Wed, 4 Aug 2010 23:02:16 -0400, "D.Duck" wrote:
"bpuharic" wrote in message .. . On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote: bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... You're a fine one to point out others personal attacks. there's one difference i base my conclusions on evidence you? you're a sheep. and sheep get slaughtered |
more proof the middle class is screwed
"bpuharic" wrote in message ... On Wed, 4 Aug 2010 23:02:16 -0400, "D.Duck" wrote: "bpuharic" wrote in message . .. On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote: bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... You're a fine one to point out others personal attacks. there's one difference i base my conclusions on evidence you? you're a sheep. and sheep get slaughtered Judge and jury, 'eh? |
more proof the middle class is screwed
On Thu, 5 Aug 2010 01:07:18 -0400, "D.Duck" wrote:
"bpuharic" wrote in message .. . On Wed, 4 Aug 2010 23:02:16 -0400, "D.Duck" wrote: there's one difference i base my conclusions on evidence you? you're a sheep. and sheep get slaughtered Judge and jury, 'eh? observer of fact |
more proof the middle class is screwed
"D.Duck" wrote in message
... "bpuharic" wrote in message ... On Wed, 4 Aug 2010 23:02:16 -0400, "D.Duck" wrote: "bpuharic" wrote in message ... On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote: bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... You're a fine one to point out others personal attacks. there's one difference i base my conclusions on evidence you? you're a sheep. and sheep get slaughtered Judge and jury, 'eh? He must have had his evidence/conclusion machine turned off while his 401 was tanking. Either that or his "take action" machine was all seized up. Would you take financial advice from that guy? |
more proof the middle class is screwed
"Harry ?" wrote in message ... "D.Duck" wrote in message ... "bpuharic" wrote in message ... On Wed, 4 Aug 2010 23:02:16 -0400, "D.Duck" wrote: "bpuharic" wrote in message m... On Wed, 04 Aug 2010 20:18:39 -0400, Larry wrote: bpuharic wrote: On Tue, 03 Aug 2010 20:27:40 -0400, wrote: No raise is now 10% adjusted for inflation, liar? Treading water? They must have been drowning 37 years ago without that 10% increase. really? obviously you didnt read the chart. but, then, being right wing i'm amazed you read anything but dr. suess. http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html http://andrewsullivan.theatlantic.co...the-day-6.html It's all bull****. You failed in life so you have to search to find anything you can to make you feel better. gee. so i destroyed the middle class over the course of 37 years to explain why i'm a failure christ...do you read the paranoid bull**** you write? i notice you said zip....nothing...nada...about the evidence.. personal attacks is what you right wingers function on... You're a fine one to point out others personal attacks. there's one difference i base my conclusions on evidence you? you're a sheep. and sheep get slaughtered Judge and jury, 'eh? He must have had his evidence/conclusion machine turned off while his 401 was tanking. Either that or his "take action" machine was all seized up. Would you take financial advice from that guy? It's all the rich guys fault.... |
more proof the middle class is screwed
On Thu, 5 Aug 2010 11:40:51 -0400, "D.Duck" wrote:
It's all the rich guys fault.... let's see...is it more logical to believe that a few thousand ultra rich scumbags on wall street screwed the pooch... or that 100M americans all of a sudden in 3 years got so lazy we destroyed teh economy? if you're right wing you hate the middle class, so the latter is more logical the rich are never wrong... |
more proof the middle class is screwed
On 2-Aug-2010, bpuharic wrote: the right keeps denying the middle class is getting screwed. THEN, when they DO admit we have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession There is and was no recession. There was a financial collapse of the house of cards, which you will pay back. The "recession" is similar to what some pundits refer to as a "correction" in the stock market. The U.S. is merely reverting to a lower wage, lower level lifestyle that's come about by the voting habits of the inhabitants, their purchasing habits, and a rampant invasion of 3rd world illiterates very efficiently transposing the former U.S. into their home country's cultural ********. The new "middle class" is now minimum wage at Walmart and other marketing companies promoting junk at U.S. retail prices. It's actually a very good thing for red China, India, Malaysia, Indonesia, Viet Nam and others. It's their turn at productive capitalism. |
more proof the middle class is screwed
On Sun, 8 Aug 2010 15:24:50 GMT, "Colonel Kurtz"
wrote: On 2-Aug-2010, bpuharic wrote: the right keeps denying the middle class is getting screwed. THEN, when they DO admit we have a problem, they blame the middle class. now comes m ore proof the middle class is being raped by the wealthy: http://www.ft.com/cms/s/2/1a8a5cb2-9...44feab49a.html The slow economic strangulation of the Freemans and millions of other middle-class Americans started long before the Great Recession There is and was no recession. There was a financial collapse of the house of cards, which you will pay back. sounds like he doesnt know what a recession is The "recession" is similar to what some pundits refer to as a "correction" in the stock market. a recession has nothing to do with the stock market The U.S. is merely reverting to a lower wage, lower level lifestyle that's come about by the voting habits of the inhabitants, their purchasing habits, and a rampant invasion of 3rd world illiterates very efficiently transposing the former U.S. into their home country's cultural ********. The new "middle class" is now minimum wage at Walmart and other marketing companies promoting junk at U.S. retail prices gee. he wants to blame it on the wetbacks. unfortunately his bull**** is too easy to disprove -illegal immigrants have been coming here for decades. they had little effect on GDP -the recession started in 2007. in that time the US net worth dropped from $65 trillion to 55. -this had nothing to do with mexicans -it DID have to do with wall street inflating CDO's from 1 trillion in 1997 to SIXTY TWO TRILLION in 2007 but it's easier to blame it on racial issues than on the rich. that's what the right wing goes. nothing the rich do is ever wrong. that would be a shot in the ass at the 'american dream'. the right never wants to admit they've ****ed the middle class by supporting the rich |
more proof the middle class is screwed
On 8-Aug-2010, bpuharic wrote: The U.S. is merely reverting to a lower wage, lower level lifestyle that's come about by the voting habits of the inhabitants, their purchasing habits, and a rampant invasion of 3rd world illiterates very efficiently transposing the former U.S. into their home country's cultural ********. The new "middle class" is now minimum wage at Walmart and other marketing companies promoting junk at U.S. retail prices gee. he wants to blame it on the wetbacks. unfortunately his bull**** is too easy to disprove On 8-Aug-2010, bpuharic wrote: The U.S. is merely reverting to a lower wage, lower level lifestyle that's come about by the voting habits of the inhabitants, their purchasing habits, and a rampant invasion of 3rd world illiterates very efficiently transposing the former U.S. into their home country's cultural ********. The new "middle class" is now minimum wage at Walmart and other marketing companies promoting junk at U.S. retail prices gee. he wants to blame it on the wetbacks. unfortunately his bull**** is too easy to disprove You have a very hard time with sentence comprehension - all I said about "wetbacks" (your term) is that the overall attitude of the country has changed, not only from "wetbacks" but various other 3rd world "immigrants" exploding in a formerly civilized population. My comment about recession was that it is not a recession, but a change in the economic climate. "Wall Street" was and is a house of cards trading paper. Yes, they screwed you, by screwing you out of your presumed wealth on paper. The fact is that congress and you yourself have screwed the middle class to a far greater degree. There's no blame except with congress for the past 40 years, and for the sheep that followed their lead and direction. What you have no choice but to get used to is a dramatically different country if you chose to stay there. Core industries will not be returning. Walmart and similar entities will never replace automotive manufacturing or related industries that literally caused the emergence of the middle class. Stupid rants like "Bush did it" serve only to self-endorse your own political and mental malfunction. |
more proof the middle class is screwed
On Sun, 8 Aug 2010 16:51:37 GMT, "Colonel Kurtz"
wrote: On 8-Aug-2010, bpuharic wrote: gee. he wants to blame it on the wetbacks. unfortunately his bull**** is too easy to disprove On 8-Aug-2010, bpuharic wrote: unfortunately his bull**** is too easy to disprove You have a very hard time with sentence comprehension - IOW you're a right winger and when someone treats you like a baby treats a diaper, that means you're right. uh huh all I said about "wetbacks" (your term) is that the overall attitude of the country has changed, not only from "wetbacks" but various other 3rd world "immigrants" exploding in a formerly civilized population. gee. now let's see...what proportion of '3rd world immigrants' in this country are mexicans? hmmm.... My comment about recession was that it is not a recession, but a change in the economic climate. "Wall Street" was and is a house of cards trading paper. Yes, they screwed you, by screwing you out of your presumed wealth on paper. The fact is that congress and you yourself have screwed the middle class to a far greater degree. ROFLMAO!!! I AM MIDDLE CLASS YOU MORON!! There's no blame except with congress for the past 40 years, and for the sheep that followed their lead and direction. yeah. wall street had zip to do with it. they put the drug of 'free market fundamentalism' and the middle class voted for politicians who worshipped at its altar. i didnt have a choice. i never voted GOP. sorry What you have no choice but to get used to is a dramatically different country if you chose to stay there. Core industries will not be returning. Walmart and similar entities will never replace automotive manufacturing or related industries that literally caused the emergence of the middle class. Stupid rants like "Bush did it" serve only to self-endorse your own political and mental malfunction. and racist screeds like 'obama did it' miss the entire point of never electing anothe conservative to office again |
more proof the middle class is screwed
On 8-Aug-2010, bpuharic wrote: My comment about recession was that it is not a recession, but a change in the economic climate. "Wall Street" was and is a house of cards trading paper. Yes, they screwed you, by screwing you out of your presumed wealth on paper. The fact is that congress and you yourself have screwed the middle class to a far greater degree. ROFLMAO!!! I AM MIDDLE CLASS YOU MORON!! I don't get sucked in by worthless paper, nor am I confined in the U.S. as you seem to be. Keep doing the same thing, blaming a different (competing) of criminals, and get ready for your accelerating slide into 3rd world economic feudalism. You elected them, you deplete the economic core, take responsibility instead of expecting some empty suit to save you from your own behavior or apathy. |
more proof the middle class is screwed
On Sun, 8 Aug 2010 17:12:36 GMT, "Colonel Kurtz"
wrote: On 8-Aug-2010, bpuharic wrote: My comment about recession was that it is not a recession, but a change in the economic climate. "Wall Street" was and is a house of cards trading paper. Yes, they screwed you, by screwing you out of your presumed wealth on paper. The fact is that congress and you yourself have screwed the middle class to a far greater degree. ROFLMAO!!! I AM MIDDLE CLASS YOU MORON!! I don't get sucked in by worthless paper, nor am I confined in the U.S. as you seem to be. Keep doing the same thing, blaming a different (competing) of criminals, and get ready for your accelerating slide into 3rd world economic feudalism. You elected them, you deplete the economic core, take responsibility instead of expecting some empty suit to save you from your own behavior or apathy. fine. if you want me to move to sweden, go ahead and pay for it. and i didnt elect reagan, or the bush's. sorry. not my fault |
more proof the middle class is screwed
On Thu, 5 Aug 2010 09:20:25 -0400, "Harry ?"
wrote: He must have had his evidence/conclusion machine turned off while his 401 was tanking. Either that or his "take action" machine was all seized up. Would you take financial advice from that guy? me and 100,000,000 other hard working middle class americans who were too busy working for a living to pay attention to the wall street plundering of the middle class |
more proof the middle class is screwed
|
more proof the middle class is screwed
On Mon, 09 Aug 2010 11:06:40 -0400, wrote:
Clinton was right there too along with the same weasels who are advising Obama now. (Summers, Geithner et al) agree they're weasels...unfortunately it was folks like alan greenspan and milton friedman who were writing the script for deregulation over the last 30 years... and they were GOP advisors |
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