<?xml version="1.0" encoding="utf-8"?>

<rss version="2.0"
 xmlns:blogChannel="http://backend.userland.com/blogChannelModule"
>

<channel>
<title>wagesdecreasing</title>
<link>https://www.dailykos.com/news/wagesdecreasing</link>
<description>News Community Action</description>
<copyright>Copyright 2005 - Steal what you want</copyright>
<pubDate>Sun, 26 Jan 2020 08:11:44 +0000</pubDate>
<lastBuildDate>Sun, 26 Jan 2020 08:11:44 +0000</lastBuildDate>
<managingEditor>Daily Kos rss@dailykos.com (Daily Kos)</managingEditor>
<webMaster>Daily Kos rss@dailykos.com (Daily Kos)</webMaster>

<item>
<title>12 Charts Show HOW Trickle-Down Fails, Gross Income Inequality, and WHY You feel pinched </title>
<link>https://www.dailykos.com/story/2013/1/8/1177387/-Charts-Show-HOW-Trickle-Down-Fails-and-WHY-You-feel-pinched</link>
<description>
&#x3C;p&#x3E;Pictures speak a thousand words. &#x26;nbsp;Listen to what these charts/pictures are saying. &#x26;nbsp;But first, this quote from that screaming liberal, &#x3C;a href=&#x22;http://improperganda.com/2012/11/22/political-advice-from-the-grave/&#x22;&#x3E;William F. Buckley&#x3C;/a&#x3E;&#x3C;br /&#x3E;&#x3C;/p&#x3E;
&#x3C;blockquote&#x3E;&#x201C;Conservatives pride themselves on resisting change, which is as it should be. But &#x26;nbsp; &#x26;nbsp;intelligent deference to tradition and stability can evolve into intellectual sloth and moral fanaticism, as when conservatives simply decline to look up from dogma because the effort to raise their heads and reconsider is too great.&#x201D;&#x3C;/blockquote&#x3E;
I love this quote. &#x26;nbsp;So, what do the charts have to say about Trickle-Down, Income Inequality, and your financial pickle?
&#x3C;p&#x3E;Where did all the money go?&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;a href=&#x22;http://www.flickr.com/photos/woe1/8361090091/&#x22; title=&#x22;Income Inequality Pre-Depression &#x26;amp; Pre-Recession the Same by War on Error1, on Flickr&#x22;&#x3E;&#x3C;img src=&#x22;http://farm9.staticflickr.com/8517/8361090091_bfcb7daabf.jpg&#x22; width=&#x22;445&#x22; height=&#x22;393&#x22; alt=&#x22;Income Inequality Pre-Depression &#x26;amp; Pre-Recession the Same&#x22; /&#x3E;&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;Again, where did all the money go?&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;a href=&#x22;http://www.flickr.com/photos/woe1/8361112079/&#x22; title=&#x22;Income Distribution Inequality, USA 1946 - 2007 by War on Error1, on Flickr&#x22;&#x3E;&#x3C;img src=&#x22;http://farm9.staticflickr.com/8083/8361112079_035fbc62c0.jpg&#x22; width=&#x22;418&#x22; height=&#x22;410&#x22; alt=&#x22;Income Distribution Inequality, USA 1946 - 2007&#x22; /&#x3E;&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;Although this chart only goes to 2005, you can see where the money went. &#x26;nbsp;Into the pockets of insatiably greedy CEOs&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;a href=&#x22;http://www.flickr.com/photos/woe1/8363905475/&#x22; title=&#x22;CEO Pay 1990 - 2005 by War on Error1, on Flickr&#x22;&#x3E;&#x3C;img src=&#x22;http://farm9.staticflickr.com/8463/8363905475_a6c7571f69.jpg&#x22; width=&#x22;500&#x22; height=&#x22;459&#x22; alt=&#x22;CEO Pay 1990 - 2005&#x22; /&#x3E;&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;By 2011, the CEOs benefited with even greater gains DURING the Great Recession:&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;a href=&#x22;http://www.flickr.com/photos/woe1/8364972168/&#x22; title=&#x22;CEO vs Workers Pay 1980 - 2011 by War on Error1, on Flickr&#x22;&#x3E;&#x3C;img src=&#x22;http://farm9.staticflickr.com/8052/8364972168_599711990e.jpg&#x22; width=&#x22;500&#x22; height=&#x22;258&#x22; alt=&#x22;CEO vs Workers Pay 1980 - 2011&#x22; /&#x3E;&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;strong&#x3E;NOT SINCE THE GREAT DEPRESSION HAVE WORKERS BEEN THIS EXPLOITED while the rich get richer. &#x26;nbsp;&#x3C;a href=&#x22;http://www.theatlantic.com/business/archive/2012/07/the-economy-stinks-but-at-least-corporate-profits-are-at-60-year-highs/260411/&#x22;&#x3E;Corporate profits are also at a 60 year high!&#x3C;/a&#x3E;&#x3C;/strong&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;Here&#x27;s the truth about median income in America as of 2009:&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;a href=&#x22;http://www.flickr.com/photos/woe1/5172047316/&#x22; title=&#x22;Taxes Median Income by War on Error1, on Flickr&#x22;&#x3E;&#x3C;img src=&#x22;http://farm5.staticflickr.com/4088/5172047316_b7f804a016.jpg&#x22; width=&#x22;500&#x22; height=&#x22;393&#x22; alt=&#x22;Taxes Median Income&#x22; /&#x3E;&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;US Workers are mostly living hand-to-mouth these days. &#x26;nbsp;Don&#x27;t feel badly if you are, too. &#x26;nbsp;It&#x27;s the new American norm, the USA is becoming one of the worst Income Inequality countries in the western world, and you should be feeling a tad upset about being bilked!&#x3C;br /&#x3E;&#x3C;/p&#x3E;
&#x3C;blockquote&#x3E;75% earn less than $42,000
&#x3C;p&#x3E;50% earn less than $26,000&#x3C;/p&#x3E;
&#x3C;p&#x3E;40% earn less than $20,000&#x3C;/p&#x3E;
&#x3C;p&#x3E;The Median Income in the USA is only $26,000 a year.&#x3C;/p&#x3E;
&#x3C;/blockquote&#x3E;
Why does it feel like your pay check doesn&#x27;t go far enough?
&#x3C;p&#x3E;Why does it feel like everything but your check is rising.&#x3C;/p&#x3E;
&#x3C;p&#x3E;They are! &#x26;nbsp;&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;strong&#x3E;Prices for everything are rising.&#x3C;/strong&#x3E;&#x3C;br /&#x3E;&#x3C;/p&#x3E;
</description>
<author>rss@dailykos.com (War on Error)</author>
<category>Day Care</category>
<category>DayCare</category>
<category>Deficit</category>
<category>hay</category>
<category>healthinsurancepremiumsrise</category>
<category>IncomeInequality</category>
<category>pricesgoingup</category>
<category>Rent</category>
<category>Trickle Down</category>
<category>TrickleDown</category>
<category>Tuition</category>
<category>wagesdecreasing</category>
<category>wagesstagnant</category>
<guid isPermaLink="false">_1177387</guid>
<pubDate>Wed, 09 Jan 2013 01:12:54 +0000</pubDate>
</item>
</channel>
</rss>