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In reply to the discussion: Obama's terrorism speech: seeing what you want to see [View all]woo me with science
(32,139 posts)Last edited Mon May 27, 2013, 05:43 PM - Edit history (1)
Incomes Flat in Recovery, but Not for the 1%
http://www.democraticunderground.com/1014400736
Top 1% get 121% of income gains since 2009 (100% of new income + 21% from your old income)
http://www.democraticunderground.com/10022384139
U.S. corporate profits stronger than ever, workers' wages fallen to lowest-ever share of GDP (CNN)
http://www.democraticunderground.com/10021922334
U.S. Income Inequality Now Worse Than Many Latin American Countries
http://www.democraticunderground.com/10022268073
Ranks of working poor increasing
http://www.democraticunderground.com/10022200197
Inequality Rages as Dwindling Wages Lock Millions in Poverty
http://www.democraticunderground.com/10022198286
The Middle Class In America Is Being Wiped Out Here Are 60 Facts That Prove It
http://www.democraticunderground.com/10022144851
Child poverty rates increase unabated
http://www.democraticunderground.com/10022268450
40 Percent of Americans Now Make Less than 1968 Minimum Wage
http://www.democraticunderground.com/111631016
Corporate Profits Have Grown By 171 Percent Under Anti-Business Obama
http://www.democraticunderground.com/1014372334
US poverty on track to reach 46-year high; suburbs, underemployed workers, children hit hard
http://www.democraticunderground.com/1002998131
Poverty, hunger among retirees increasing
http://www.democraticunderground.com/1002748342
The Economy is "Recovering" By Creating More Low-Wage Jobs... Increasingly Filled By Graduates
http://www.democraticunderground.com/10022602162
"Recovery" in US is lifting profits, but not adding jobs
http://www.democraticunderground.com/1014414149
Obama to use pension funds of ordinary Americans to pay for bank mortgage settlements
http://www.democraticunderground.com/1002205218
What Recovery? Across America, People in Distressed Cities and Small Towns Face Economic Catastrophe
http://www.democraticunderground.com/10022545596
Real wages decline; literally no one notices
http://www.democraticunderground.com/11172387
Wall Street Soars with Wealth as Wages Stagnate, Jobs Remain in a Slump
http://www.democraticunderground.com/12526154
Wages for bottom 90% declined 1.2% during 2009-2011 recovery, top 1% income grew 8.2%
http://www.democraticunderground.com/10022271466
Three Minimum Wage Jobs Needed To Afford Two-Bedroom Apartment
http://www.democraticunderground.com/10022578738
Wages have fallen to a record low as a share of Americas gross domestic product.
http://www.democraticunderground.com/10022183930
The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%
http://www.democraticunderground.com/10022906982
Rebounding of the stock market means little when the vast gap between rich and poor and the transfer of wealth from the poor to the rich is being exacerbated rather than corrected. There are still fewer jobs now than before the recession. (http://blog.ourfuture.org/20130308/jobs-report-we-are-still-in-a-jobs-recession). The recent increases (*still* below baseline levels) consist primarily of low-wage, low-benefit, often part-time jobs in the service sector. The Trans-Pacific will viciously, viciously exacerbate this trend.
No, bailing out the "job creators" has not worked, and it will not work. Trickle-down does not work. Please look again at the lengthy list of policies I listed that this President has pushed during his four years in office. We are not talking about Republican obstruction. These are proactive, aggressively pursued policies echoing every Republican talking point ever promulgated by George W. Bush. This President has not pursued any of the economic policy agenda suggested by Krugman or others that could have begun to actually reverse, rather than exacerbate, the transfer of wealth from the low and middle classes to the wealthy; rather, he has been a champion of austerity for the people, bailouts for corporations, cutting social safety nets, and deregulating and expanding corporate power.