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Default 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...

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Tim Tim is offline
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Default 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/
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Default 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...
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Default 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.
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Default 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




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Default 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.
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Default 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...

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"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.





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Default 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.
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Default 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



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