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View Diary: The Best Data on Middle Class Decline (11 comments)

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  •  How has this happened? (3+ / 0-)

    They have managed to make almost everyone believe that things were just fine as they stole the American dream from them.  

    People are asleep and it shows in voter participation which has decreased after the 60s although it seems to be coming back now.

    Compared to other countries we almost do not participate in politics.

    I doubt this erosion in income has happened in many other countries.  Our 99% has gone down while every other country's 99% has advanced.

    Our inequality is getting worse, where else is this happening?

    I hope the OWS movement wakes up the 99%.

    Great diary, I'm going to keep an eye on you.

    Daily Kos an oasis of truth. Truth that leads to action.

    by Shockwave on Thu Mar 29, 2012 at 06:17:06 PM PDT

    •  People Asleep, Dems Dissing Warnings as Whining (5+ / 0-)

      The Democrats became our 2nd conservative party in the 70's.

      It's been so long since there's been a rational or liberal mainstream voice that OCCUPY itself has put out a few rightwing proposals that will drive the 99% farther down.

      Wanna know where the concept of "99%" comes from? Reagan, Bush I and Clinton. Clinton on steroids. Family financial net worth:
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      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Thu Mar 29, 2012 at 06:54:23 PM PDT

      [ Parent ]

    •  Many reasons (3+ / 0-)
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      greengemini, Shockwave, Egalitare

      Thanks for reading.

      As you can see from the inequality article you link, the U.S. is not alone in seeing increasing inequality. Australia, Germany, and others also are following down our path, even after taxes and transfers.

      I'm not sure I know a comprehensive explanation, as a lot of factors seem to contribute. Obviously, trade/globalization plays a role, but there's money in politics that's gotten worse over time, the overrepresentation of agricultural states in the Senate and Electoral College, etc. This is something I am still working on.

      Absolutely we need people to get more active in politics.

    •  Other countries were not the highest wage (1+ / 0-)
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      country we were.

      So yeah

      I doubt this erosion in income has happened in many other countries
      Because no other country was the high wage country we once were.

      FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Fri Mar 30, 2012 at 09:39:25 AM PDT

      [ Parent ]

      •  Incomes can decrease whatever your income level is (1+ / 0-)
        Recommended by:
        Roger Fox

        The 1% has done rather well in the last 30 years.  Everybody else has not done as well as the people in most countries when it comes to economic improvement.

        Daily Kos an oasis of truth. Truth that leads to action.

        by Shockwave on Fri Mar 30, 2012 at 10:08:16 AM PDT

        [ Parent ]

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