HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » The 99% Need A Raise
Introducing Discussionist: A new forum by the creators of DU

Tue Dec 11, 2012, 10:41 AM

The 99% Need A Raise

TUE DEC 11, 2012 AT 06:40 AM PST
Peasants as far as I can see
by
MinistryOfTruth




Corporate profits are at an all time high.

So where is the trickle down?

How can the economy be bad when corporate profits are higher than ever?

You know what is wrong with the economy?

Income inequality.

That is what is wrong with the economy. 30 plus years of stagnant wages is what is wrong with the economy. Union busting that makes it harder for normal people to earn a decent living is what is wrong with the economy. Record corporate profits are not a sign that the economy has recovered, it is a sign that the economy is still functionally broken for everyone who isn't already rich. Since the financial collapse of 2008 the subsequent "recovery" over 90% of the profits made from labor in this country have gone to the top 2% of earners. So a small fraction of the population get's their boom time golden toilet days back while over 90% (300 million +) are stuck arguing how we can fairly divide the crumbs.

Then, after paying you crumbs, they curse you for your poverty.






............

the rest:
http://www.dailykos.com/story/2012/12/11/1168455/-Peasants-as-far-as-I-can-see

0 replies, 306 views

Reply to this thread

Back to top Alert abuse

Reply to this thread