Democratic convention: A question of inequality: Is it an Issue?
JMCC
2012/09/06 11:52:09
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Executive salaries began to rise around the same time as US manufacturing saw a shift towards a more technology-driven economy and a decrease of union power - which reduced the number of solid working-class jobs.
"This has been going on since the 1970s," Mr Nielsen says, saying that reversing the problem could take decades.
"The number of people who are middle class is getting smaller and smaller."
A Pew study released this month found that 85% of those who call themselves middle class say a middle class lifestyle is more difficult to maintain than it used to be.
Rising costs of living, combined with high unemployment and dwindling personal assets, leave fewer people in the middle class and more on the brink of financial insecurity.
"This has been going on since the 1970s," Mr Nielsen says, saying that reversing the problem could take decades.
"The number of people who are middle class is getting smaller and smaller."
A Pew study released this month found that 85% of those who call themselves middle class say a middle class lifestyle is more difficult to maintain than it used to be.
Rising costs of living, combined with high unemployment and dwindling personal assets, leave fewer people in the middle class and more on the brink of financial insecurity.
Read More: http://www.bbc.co.uk/news/world-us-canada-19494471
The GOP believes the fix is to make is worse.
End of story.
http://www.csmonitor.com/Busi...
http://www.motherjones.com/po...
http://www.amazon.com/The-Pri...
Humans wish to "succeed" no matter where the top bar happens to be. Always will. It is a part of being human. Find a society, no matter their disparity levels, and you will have humans still wanting to "succeed".
If you really want to have people lose hope in being able to succeed, introduce massive disparity (done!). We continue to pool our resources at the top, and to people that continue to make the rules that pushes even more their way through taking from those with ever decreasing opportunities to "succeed". Welcome to our two-tiered society, where half our most precious resource (healthy, educated citizens) are being left to the waste bin, completely hopeless. Where "succeeding" is defined by simply surviving. Class movement is now the stuff of legends and Hollywood movies. This harms the ENTIRE nation.
Lastly, every single statistic on the matter shows we do far, far better with less disparity. It is clear as day.
http://www.sodahead.com/unite...