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Posts Tagged ‘wealth’

How unequal is the redistribution of income and wealth in US? The Guardian of the United Kingdom has posted the story and animated the key data – see what it says. But before you begin, let it be stated unequivocally; income and wealth distribution is primarily brought about by the golden rule of politics. He [...]

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BUTLER, Pa. — One day after his shift at the steel mill, Gary Myers drove home in his 10-year-old Pontiac and told his wife he was going to run for Congress. The odds were long. At 34, ­Myers was the shift foreman at the “hot mill” of the Armco plant here. He had no political [...]

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It’s an old story, brought on by thirty years of a government bent on redistributing income and wealth from working people to the rich via publicly traded, limited liability companies and Wall Street. Click here for the story

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The Middle Class Squeeze is a Middle Class Nightmare

The middle class is under siege because your government has been hijacked by the rich and corporations. See the article below for the full story. Click here for the The Middle Class Squeeze

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The answer to the title of this article is simple. The deficit would be gone. Amazing isn’t it? Instead of raising tax rates to previous levels, the corporate controlled congress and president are negotiating what to cut, and it won’t be the military. However, right now big money runs the government. So we have an [...]

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Are the Occupy Wall Street protesters right? How unequal is the US? The Guardian of the United Kingdom has posted the story and animated the key data – see what it says. But before you begin, let it be stated unequivocally; income and wealth distribution is primarily brought about by the golden rule of politics. [...]

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Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century, according to a new Pew Research Center analysis of a wide array of government data. In 2009, households headed by adults ages 65 and older possessed 42% more [...]

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The Occupy Wall Street movement has captured much the nation’s attention with a clear message: A U.S. economy driven by the interests of business and the wealthy has generated increasingly unequal economic outcomes where the top 1 percent did exceptionally well but the vast majority did not do well at all. According to the data, [...]

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Every program Obama has enacted, whether it be the enactment of Obamacare or bailing out banks, has gone toward ensuring the wealthy get richer while bleeding the mass of citizens dry. Take Obamacare. The bill was written by representatives of the health insurance industry. Guess what? There’s nothing in the bill that will stop the [...]

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