Posts Tagged ‘middle class’
Inequality in America
Inequality Nation; The American Dream Isn’t Dead, But It’s Dying by Progressive Populist By Brad Hennigan We’ve seen the stats. Wage growth for 70% of American workers has stagnated or declined over the last decade, while productivity has dramatically increased. During the same period, income growth for top earners, particularly the top 1%, has grown to the point that since the Great Recession, 95% of all new wealth generated in the U. S. has gone to 1% of its population. But how did ... Full Story
Death of the Middle Class
The Middle Class Faces Extinction—So Does the American Dream Income inequality is now as high as it's been since the Great Depression, and the middle class is nearly extinct. By Steward Lansley This article first appeared in the Los Angeles Review of Books. Inequality is now one of the biggest political and economic challenges facing the United States. Not that long ago, the gap between rich and poor barely registered on the political Richter scale. Now the growing income ... Full Story
After Signaling Support, John Boehner Calls Tax Break
After Signaling Support, John Boehner Calls Tax Break For Middle Class ‘Chicken-Shit’ Alex Seitz-Wald on Dec 2, 2011 at 4:10 pm Despite their stated opposition to tax increases, Republican lawmakers have been largely cool or even hostile to a proposed extension of the temporary payroll tax cut, pushed by President Obama and Democrats. Finally, this week, Republicans seemed to relent as GOP congressional leaders publicly urged their caucuses to vote for an extension of the plan. ... Full Story
Gardner Votes To Block Middle Class Tax Cut
Press Release VOTE ALERT: Representative Gardner Votes To Block Middle Class Tax Cut While Representative Cory Gardner (CO-04) continues to protect tax breaks for the ultra wealthy, today he voted to block a $1,000 middle income tax cut for 2.5 million Colorado families. Economists estimate that blocking this middle class tax cut could cost 400,000 American jobs. National Republican Congressional Committee Chairman Pete Sessions, who is responsible for Gardner’s re-election, has called ... Full Story
Inequality: A collision is coming
Inequality, unemployment and unresponsive government: A collision is coming By Robert B. Reich 6:00 a.m. EST, November 9, 2011 The biggest question in America these days is how to revive the economy. The biggest question among activists now occupying Wall Street and dozens of American cities is how to strike back against the nation's almost unprecedented concentration of income, wealth and political power in the top 1 percent. The two questions are ... Full Story
“Occupy” the World
Are we becoming a police state. The scene of armed police in riot gear confronting unarmed protestors of the Occupy Denver protest was a chilling sight. It must have been a frightening experience for the protestors. Use of government force against protestors is nothing new in the United States. From the Boston Tea Party to Civil Rights Marches to antiwar protests to the Occupy protests of today, protest is a common occurrence in our society. The use of force against protestors is also common. ... Full Story
