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Posts Tagged ‘stagnate’

Data from the US Census Bureau shows that US income from 2013 stayed stagnate from 2012, as well as the previous thirty-three years of domination by the 1 percent. Median income has dropped by $5,000 per year since 2007. That money has been redistributed to the 1 percent via free trade treaties, deregulation scams, privatization schemes, and artificially keeping the minimum wage down, rather than allowing it to grow with inflation and productivity. The difference between what wages should be, and what they are, are redistributed to the 1 percent via higher corporate earnings, surging dividends, and rising share prices. That includes the thirty plus million jobs that have been shipped overseas via free trade treaties since 1990.

Thank you Wall Street Senator Ron Wyden who has voted to ship jobs overseas and redistribute the income of hard working Americans to the 1 percent in the process every time he has had the opportunity to do so.

For more on the story, click the following link from Reuters, New Data Shows Wages in 2013 Remain Stagnate–Reuters

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