The Downward Trend for America's Working Class continues, unchecked. [View all]

[bvar22]

Last edited Fri Jul 26, 2013, 07:51 PM - Edit history (1)

The organized STEALING of the last bits of wealth from America's Working Class continues.
In fact, it IS accelerating.

50% of Working Americans NOW make less than $27,000/Yr.
http://www.democraticunderground.com/10023308914

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




76% of Americans are living paycheck-to-paycheck
http://money.cnn.com/2013/06/24/pf/emergency-savings/index.html


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

Half of America is in poverty, and its creeping toward 75%
http://www.alternet.org/economy/real-numbers-half-america-poverty-and-its-creeping-toward-75-0

Wealth gap widens as labor's share of income falls
http://www.nbcnews.com/business/wealth-gap-widens-labors-share-income-falls-1B6097385

As the Economy Recovers, the Wealth Gap Widens
http://www.usnews.com/news/blogs/rick-newman/2013/03/11/as-the-economy-recovers-the-wealth-gap-widens

Top One Percent Captured 121 Percent Of All Income Gains
http://www.huffingtonpost.com/2013/02/12/top-one-percent-income-gains_n_2670455.html

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


These things ^ do NOT happen by accident.
They take careful planning, preparation, marketing, buying the right politicians, message control, courts packed with Corporate Rights Judges, and the marginalization and suppression of any opposition or dissent.
(SEE: OWS)

This trend is also unsustainable.
That is WHY the 1% is urgently building the Surveillance/Security State,
and changing the laws to make "dissidents" (those who challenge Government Authority) the same as "terrorists",
because when the Working Class & The Poor realize how badly they have been screwed by BOTH Political parties,
they are going to need it.


I live in a very poor part of Rural America.
They were desperately poor here 10 years ago,
and they are WORSE off today.

We donate the surplus production from our Chickens and Veggie Garden to our local Free Store, and the families lining up for food on Tuesday Mornings are GROWING. Every week there are MORE. They have the same vacant, 1000 yard stare as those in the photographs from the 1920s as they stand in line waiting for food.
DESPAIR.

Many are in that age group between 50 & 65 who are now unemployable, and their savings, equity from and entire working life, and credit has run out.
They can't understand HOW this happened.
They worked HARD and stayed out of trouble,
so HOW did they wind up HERE?
They would like to be ANGRY, but have been told that it is ALL Their Fault.

The Expansion of Medicaid may help somewhat,
but I see NOTHING In-the-Works or On-the-Drawing Board
from the Leadership of either Political Party to address this Economic Trend.

Raising the Minimum Wage is a laughable (in a sick sense) Token gesture,
as are the claims of creating new jobs (low wage, no benefits McJobs).
Despite the claims coming out of Washington, there IS NO "RECOVERY" for those of us who live on Main Street.
The Fast Tracked TPP (NAFTA on Steroids) will make it WORSE,
and those pushing it KNOW THAT,
and apparently do NOT care.
(Well, they "care" enough to try to keep the Working Class from finding out the depth of this betrayal by keeping it "secret&quot


But Wall Street breaks RECORDS,
so



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