When will Dems mention last 25 yrs economic results under trickle down?

[papau]

Paul Harris pulled together some interesting public facts from the US Gov's web site http://observer.guardian.co.uk/columnists/story/0,,1792399,00.html
http://www.firstgov.gov/
Which I for one do not recall being mentioned in the media as being said by Dems of late. Is this because of a media black out - or do we just not mention economic facts that might upset our donors?

As Paul say's: "....this is not some argument against capitalism. Inequality is inevitable. It is a good thing. People need incentives. People need competition. People need markets. Some people will always be poor. Others deserve to be rich. But at the moment it looks like the rules of the game are being fixed in America in favor of the wealthy. The gap between rich and poor will only get wider...."

INTERESTING FACTS:

1. Over the past 25 years the median US family income has gone up 18 percent. For the top one percent, however, it has gone up 200 percent.

2. A quarter of a century ago the top fifth of Americans had an average income 6.7 times that of the bottom fifth. Now it is 9.8 times.

3. The wealthiest one percent of households now control a third of the national wealth. The wealthiest 10 percent control two-thirds of it.

4. The Rising Tide of Reagan/Bush/Hatch/GOP lifting all boats has been shown by history to be a lie. Between 1980 and 2004 America's GDP went up by almost two-thirds, making a part of the population quite wealthy, but leaving a world of no real increase in purchasing power for the worker, the working poor growing in numbers, and 37 million Americans living in poverty - and at 12.7 percent of the population, it is the highest percentage in the developed world.

5. The top 0.01 percent of households has seen their tax bite fall by a full 25 percentage points since 1980.

[zonmoy]

1. only when we throw out the leadership that is beholden

to the same monied interests as the republicans which ain't going to happen.

[Free Mind]

2. Reply

Because the average man doesn't want exact statistics. They just need to talk about how Bush is a crony of the wealthy.

[oscar111]

3. better arguments exist.

i agree with the intent of the OP, but it conceedes much too much.

"always be poor".. not necessary at all, i feel. A hi minimum wage would fix that fast.

I hate to disagree with papau, who i usually agree with, but this source, paul harris was it?... is not giving our strongest statistics.

Another thread yesterday showed median family income declining since '02, which is better as an argument than harris's "up eighteen percent over last 25 years". Source was something like Institute for Economic Policy, their "snapshots of the economy, refuting misstatements from the White House recently about our economy's performance."

Aside to papau.. i have your PM, and will answer on the salaries as soon as i have a day to mull the stats over. It takes some mulling to figure out complex statistics when one has a brain as weak as me own one. Please be patient. Thanks.

ah, here is the link on decline in income for the middle class ....skip past the first graph, go to the second one at the link page...


http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=114x21295

[FogerRox]

4. up 18% over 25 years,, yeah thats BS framing

Median Ind income has not keep up with inflation.... for 30 years. NOt even close.

Neither has family income

[barb162]

5. Economics is a subject too difficult for most Americans

and they bought the failed Reagan trickle down/ supply side crap again with Bush TWICE. Even Dave Stockman, who dreamt that crap up for Reagan, admitted it didn't work. People pay no attention to these teeny little facts and vote for the same crap all over again. Why aren't people rioting in the streets over the Bush pathetic job creation over the last 6 years. He promised his tax cuts would create 320,000 a month. It's a joke

[Pierzin]

6. Everyone Needs to Understand this... Free Trade Is Bad!!!!

Trickle down doesn't work.
De-regulation doesn't work.
Conservatism doesn't work.

Delete the entire Bush Administration! That's really cool! If only!

[Pierzin]

7. This thread needs more attention because it's true

Every time there was a Bush in the white house, the economoy has gone into a slump.