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The Servant Economy: Where America's Elite is Sending the Middle Class
  • 189 Replies sorted by
  • Takes some denial to examine Koch Bro's antics, even at a cursory level, and not conclude there isn't manipulation of politics and policy. And no need for sarcasm and ridicule that's become customary from right wingers any time Koch is invoked.

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  • Most interesting thing about this chart is the relative fall and recovery of different levels around 2008.

  • Fortunately we can vote these problems away in November.. right?

  • @robertGL

    Yes, of course. New good capitalists leaders will fight for people needs. May be. :-)

  • Especially the ones who got extremely rich by charging people for shelter…

  • Very clear depiction of middle class "progress"

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  • Good short video of chart

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  • Unions role

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  • In America most low skilled, underpaid workers have been convinced unions are bad. But no worries, the orange guy will make us great again. Amazing things are already happening. Just yesterday we dropped a 10 million dollar bomb and blew up some dirt...I mean terror tunnels. Before that we launched 80 million in missiles and neutralized an airfield indefinitely...or at least for a day or two. We're also going to Mars I think.

  • But no worries, the orange guy will make us great again.

    Not only all but few will survive till this wonderful times.

  • Well, I live in Norway and things are not a paradise by far.

    In general for most of western europe the latest 3 to 4 decades labour unions in general has been instrumental in making workers pay go lower because of "solidarity" politics. The policy has been to keep the workers pay low which is said to increase the hired workforce and keep unemployment low. This is a failed policy in my view.

  • In general for most of western europe the latest 3 to 4 decades labour unions in general has been instrumental in making workers pay go lower because of "solidarity" politics. The policy has been to keep the workers pay low which is said to increase the hired workforce and keep unemployment low. This is a failed policy in my view.

    Sounds like usual capitalist backed unions. Such things happen if you want to build fairy tale where both wolfs and sheep's happy in reality .

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  • The U.S census Bureau just released a publication on the income and poverty levels in the United States for the prior year. Incomes rose to $59,032 which is a 3.2% increase over the prior year. However, the truth has less to do with the data presented, and more to do with what was omitted. Adjusted for inflation in the prices that workers pay to buy commodities, median incomes are at lower levels than they were in 2000. This reaction of the media in the United States reveals the inherent class bias of the capitalist class. Any increase in economic indicators is a cause for celebration and a chance to give praise to the economic system that serves their interests.

    Unfortunately, it gets worse for workers than just having no increase in their real wages at all. According to data released by the Bureau of Labor Statistics, labor productivity increased at an annual rate of 1.26% since 2007. This means that every year people produced 1.26% more output on average than the previous year. However, their ability to purchase these goods has actually declined over the same period when adjusted for the prices consumers pay. The wage increases have not been going to the workers so that increase in value must be going somewhere else, to rich owners, capitalists.

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