Jake Johnson at Common Dreams writes—'Time to Redistribute Wealth': 1% Thriving While 78% Living Paycheck to Paycheck:
Top CEOs may be thriving, but most American workers are drowning in debt, saving little, and living paycheck to paycheck.
That's according to a new report by CareerBuilder, which found that:
- 78 percent of American workers are living paycheck to paycheck, up from 75 percent last year;
- 71 percent of workers are in debt, up from 68 percent last year;
- 56 percent believe their debt is unmanageable;
- 54 percent of minimum-wage workers say they have to work more than one job to make ends meet.
The report's findings—based on a survey of more than 3,400 full-time workers across various industries and income levels—suggest that the stock market boom President Donald Trump has so frequently flaunted has done little to help the workers he claims to support.
As Melissa Smith pointed out in an analysis for the People Policy Project, "the stock market tells us about the prospects of capital owners, but it certainly doesn't tell us much about the average worker."
What’s coming up on Sunday Kos …
- GOP’s top priority? Giving the Trump clan a multi-billion dollar tax cut, by Jon Perr
- Not a Confederate general: This man’s statue has got to go, by Denise Oliver Velez
- A love letter to white kin grappling with white supremacy, by Irna L Landrum
- Paying your taxes is not a sacrifice, by Mark E Andersen
- Fire and ice can be nice, depending on your perspective in time, by DarkSyde
- Netroots Nation 2017 proved the progressive movement is still strong and vibrant, by Egberto Willies
- Former white supremacists now living Life after Hate, by Sher Watts Spooner
- Democrats fight for consumers. Republicans fight for those trying to screw consumers, by Ian Reifowitz
- Twenty-two million Americans think white supremacy and neo-Nazism are acceptable, by David Akadjian
- From Charlottesville to Netroots Nation: white supremacy is everywhere—even progressive spaces, by Kelly Macias
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BLAST FROM THE PAST
At Daily Kos on this date in 2002—Bush afraid of Congress:
The Bush Administration has ignored calls to build support for the invasion of Iraq at the UN Security Council. The reasons are obvious -- the US would be hard pressed to pick up a couple of votes, much less the full support of the council.
For the same reasons, the administration is now trying to claim it doesn't need Congressional approval to invade Iraq.
If Bush felt confident he had the votes, he wouldn't be trying to shirk his duties. Congress is the only national branch of government currently occupied by elected officials (Bush and the Supremes were all selected). As such, Congress is the only branch with the moral authority to commit our youth to possible death. Yet in another example of Bush's disdain for democracy, he's hiding behind his legal team's vapid opinions.
The gist: the 1991 Gulf War resolution and the 9-11 resolution give the president all the authority he needs.
Many observers believe Congress would likely pass a Gulf War II resolution, but with restrictions unpalatable to Bush. For example, the resolution could prohibit a strategy of "regime change," limiting US forces to eliminating Iraq's WMD. There's something to this theory.
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