The US middle class has been shrinking for decades, but never as rapidly as under the Obama administration. 95 percent of all income growth since 2009 has gone to the super affluent. This means the uber wealthy now steal 37 percent of all income produced in the United States every year, compared to 21 percent in 2009, and 8 percent in 1980. And they’re stealing it from the middle and lower classes. They’re sucking the middle class dry because these rich folks have all the gold, which follows the golden rule. He who has the gold makes the rules. Check out the link below from the Pew Charitable Trust to see how much your senators and congressional representatives have robbed from the middle class and given to the rich. That’s what the rich pay them to do.
Take the case of Wall Street Senator Ron Wyden. He is supposed to represent the people of Oregon, rather than the robber barons of Wall Street, but Wyden has led the fight to ship and create jobs overseas, as well as privatization scams. Wall Street Ronnie is no dumb dumb. He knows these things redistribute income from the 99 to the 1 percent. That shows whose side he is on in the war against the middle class. The senator has a 100 percent voting record for shipping and creating jobs overseas. He calls his efforts free trade treaties, but in reality, these deals are designed and negotiated by multi-national corporations to redistribute income, wealth and political power from the 99 to the 1 percent. The senator has also proposed measures to redistribute Medicare benefits from the 99 to the 1 percent via a privatization scams. He claims he is bipartisan, but he has never led a Republican to successfully support legislation that reverses his shameful income redistribution policies.
Wyden voted for NAFTA and every income redistribution treaty since. He’s the Democratic senator who led the fight in favor of the Trans Pacific Partnership (TPP), the largest income and political power redistribution treaty ever. The result of the senator’s work in the halls of congress are evident:
- 47.7 percent of all people live in middle class households as of 2013, compared to 51.4 percent in 2010. Rest assured, when the numbers are compiled for 2014 and 2015, the number of people living in middle class households will be less than in 2013.
- medium income has declined from $50,251 per household per year in 2013, compared to an inflation adjusted $56,382 in 2000. Worse yet, the medium family income has declined. The senator has voted to redistribute that $6,000 a year to the 1 percent year after year.
- Poverty is up.
- The 1 percent now steal 37 percent of all income made in the USA, compared to 10 percent when Wyden entered congress over twenty disastrous years ago.
Luckily, people are organizing in Oregon because they’re fed up with the disastrous policies of one of Wall Street’s favorite employees, that’s Wyden.
Wyden is in a dominant position inasmuch as he and the local corporate propaganda machine hide his economic legislative record by extolling the virtues of his social issues. However, Kevin Stine, a Medford city council member is running in the primary against Wyden. Wyden’s disastrous economic policies, bad for Oregonians and good for Wall Street, have begun to come out and his position is not so secure anymore.