Canada's middle class Is better than ours. This is despite...

[francoHFW]

one fail out of 36 ain't bad, dupe.

Right.
Obama's batting average is much worse than that.

Across the entire loan program there have been five defaulted loans: two solar panel manufacturers, Solyndra Inc. and Abound Manufacturing Solar LLC; two green vehicle programs, Fisker Automotive Inc. and the Vehicle Production Group LLC; and one energy storage project, Beacon Power.

Obama-backed green energy failures leave taxpayers with $2.2 billion tab, audit finds

Then there's the true story, ADHD dupes...After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

Ummmmm.....collecting $30 million interest on $34.2 billion in loans over a 7 year period does not make you profitable. But thanks for a great example of liberal bad math.

Just like Chevy Volts cost 278k each, right, dupe? Counting R+D, early on? Idiots.

So how is electricity generated to "charge" these cars, moron? They use coal and oil to turn the generators that produce the electricity to charge the batteries. Regardless, free energy and the technology for hydrogen fueled cars has been around since the days of Nikola Tesla. Your masters are the ones keeping this petroleum fuel based system in place but you are not smart enough to do the research or the work to have the knowledge I do.....you depend on "leftardism" to do your thinking for you.

Generators are a helluva lot more efficient than your gas car duhhh...But we were talking about the great success of Obama's energy loan program, everywhere BUT Pub Dupe World.

 

[francoHFW]

one fail out of 36 ain't bad, dupe.

Right.
Obama's batting average is much worse than that.

Across the entire loan program there have been five defaulted loans: two solar panel manufacturers, Solyndra Inc. and Abound Manufacturing Solar LLC; two green vehicle programs, Fisker Automotive Inc. and the Vehicle Production Group LLC; and one energy storage project, Beacon Power.

Obama-backed green energy failures leave taxpayers with $2.2 billion tab, audit finds

Then there's the true story, ADHD dupes...After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

Ummmmm.....collecting $30 million interest on $34.2 billion in loans over a 7 year period does not make you profitable. But thanks for a great example of liberal bad math.

Just like Chevy Volts cost 278k each, right, dupe? Counting R+D, early on? Idiots.

Ignoring interest, fucking lib dupe. Idiot.

Volts are a profit maker, even after being sabotaged by the GOP propaganda machine. Real patriots- actually party first a-holes...

 

[Toddsterpatriot]

Right.
Obama's batting average is much worse than that.

Across the entire loan program there have been five defaulted loans: two solar panel manufacturers, Solyndra Inc. and Abound Manufacturing Solar LLC; two green vehicle programs, Fisker Automotive Inc. and the Vehicle Production Group LLC; and one energy storage project, Beacon Power.

Obama-backed green energy failures leave taxpayers with $2.2 billion tab, audit finds

Then there's the true story, ADHD dupes...After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

Ummmmm.....collecting $30 million interest on $34.2 billion in loans over a 7 year period does not make you profitable. But thanks for a great example of liberal bad math.

Just like Chevy Volts cost 278k each, right, dupe? Counting R+D, early on? Idiots.

So how is electricity generated to "charge" these cars, moron? They use coal and oil to turn the generators that produce the electricity to charge the batteries. Regardless, free energy and the technology for hydrogen fueled cars has been around since the days of Nikola Tesla. Your masters are the ones keeping this petroleum fuel based system in place but you are not smart enough to do the research or the work to have the knowledge I do.....you depend on "leftardism" to do your thinking for you.

Generators are a helluva lot more efficient than your gas car duhhh...But we were talking about the great success of Obama's energy loan program, everywhere BUT Pub Dupe World.

Generators are a helluva lot more efficient than your gas car duhhh

Coal powered generators are very efficient.

 

[Dale Smith]

If they're making huge profits and pay nothing? When the richest end up with all the new wealth? Duh.

The top 10% of wage earners in this country pay nearly 70% of all collected income taxes. By liberal standards, 70% is not enough. So what is enough to satisfy a welfare state liberal?

"How much is YOUR fair share of what somebody else worked for?"
Thomas Sowell

Listen, stupid . The rich have been making out like bandits and the middle class and poor are losing for 35 years now. IDIOT. It's NOT their attitude DUH.

No, the middle class has been losing since 1970 under leftard presidents, leftard controlled house and senates, neocon presidents, neocon controlled house and senates....see a pattern here, dumb ass? The leftard clown posse talks a much better game than they play....always have. The demise of the middle class was planned by the oligarchs that really run and own this corporate entity that you lovingly refer to as your "gubermint".......

Wrong again, fool figure it out DUH:
The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--June 9, 2016
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

Save your lame little links to someone that buys into that bullshit. The taking the dollar off of the gold standard in 1971 caused inflation and the need for price and wages control. The creation of the "petro-dollar" that was caused INTENTIONALLY by OPEC under the nod and wink of Nixon started the middle class on it's downward spiral and only got worse under Carter but that was the plan from the "git-go". I know, I lived through it. The Club Of Rome, an offshoot of the U.N decided that the middle class of America had an unsustainable lifestyle and their job was to systematically and incrementally take it down using unfair trade agreements and environmental laws to slowly dismantle it. I know more than you......infinitely more. You are a mere child when it comes to what the real end game is all about. You think political party affiliation and "gubermint" is going to return America to prosperity and nothing could be further from the truth because you have noi fucking clue as to what the real problem actually is....you lack the intellect...sad to say.

 

[Toddsterpatriot]

Right.
Obama's batting average is much worse than that.

Across the entire loan program there have been five defaulted loans: two solar panel manufacturers, Solyndra Inc. and Abound Manufacturing Solar LLC; two green vehicle programs, Fisker Automotive Inc. and the Vehicle Production Group LLC; and one energy storage project, Beacon Power.

Obama-backed green energy failures leave taxpayers with $2.2 billion tab, audit finds

Then there's the true story, ADHD dupes...After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

Ummmmm.....collecting $30 million interest on $34.2 billion in loans over a 7 year period does not make you profitable. But thanks for a great example of liberal bad math.

Just like Chevy Volts cost 278k each, right, dupe? Counting R+D, early on? Idiots.

Ignoring interest, fucking lib dupe. Idiot.

Volts are a profit maker, even after being sabotaged by the GOP propaganda machine. Real patriots- actually party first a-holes...

Volts are a profit maker

Good. We can stop subsidizing them now.

 

[Dale Smith]

Right.
Obama's batting average is much worse than that.

Across the entire loan program there have been five defaulted loans: two solar panel manufacturers, Solyndra Inc. and Abound Manufacturing Solar LLC; two green vehicle programs, Fisker Automotive Inc. and the Vehicle Production Group LLC; and one energy storage project, Beacon Power.

Obama-backed green energy failures leave taxpayers with $2.2 billion tab, audit finds

Then there's the true story, ADHD dupes...After Solyndra Loss, U.S. Energy Loan Program Turning A Profit

Overall, the agency has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.

Ummmmm.....collecting $30 million interest on $34.2 billion in loans over a 7 year period does not make you profitable. But thanks for a great example of liberal bad math.

Just like Chevy Volts cost 278k each, right, dupe? Counting R+D, early on? Idiots.

Ignoring interest, fucking lib dupe. Idiot.

Volts are a profit maker, even after being sabotaged by the GOP propaganda machine. Real patriots- actually party first a-holes...

Soooooo, what fuels the generators that produce the electricity that fuels these electric cars????????

 

[thereisnospoon]

1) Canada having a higher minimum wage

2) Canada having a higher tax rate on the wealthy

3) Canada having Widespread unions

4) Canada having strong bank regulations

5) Canada having free healthcare

Then get your fucking sorry ass out of here.

 

[thereisnospoon]

This fucking asshole's last 15 threads have the same theme. How other countries do it better than the US. Yet this sweat from a baboon's balls is still living here dreaming of a socialist utopia.....

 

[oreo]

1) Canada having a higher minimum wage

2) Canada having a higher tax rate on the wealthy

3) Canada having Widespread unions

4) Canada having strong bank regulations

5) Canada having free healthcare

Are you making this crap up. I know Canadians--their average income levels are lower than Americans. They never talk about Unions so I don't believe that one either. The Canadian dollar has recently declined against the American dollar, signaling that the government is either overspending or their economy is in the slump. Yes you're right Canadians do pay more in taxes because they are a single payer nation. But that's a burden on every Canadian, not just the wealthy. Everybody pays for their share of health care.

 

[baileyn45]

If they're making huge profits and pay nothing? When the richest end up with all the new wealth? Duh.

The top 10% of wage earners in this country pay nearly 70% of all collected income taxes. By liberal standards, 70% is not enough. So what is enough to satisfy a welfare state liberal?

"How much is YOUR fair share of what somebody else worked for?"
Thomas Sowell

Listen, stupid . The rich have been making out like bandits and the middle class and poor are losing for 35 years now. IDIOT. It's NOT their attitude DUH.

No, the middle class has been losing since 1970 under leftard presidents, leftard controlled house and senates, neocon presidents, neocon controlled house and senates....see a pattern here, dumb ass? The leftard clown posse talks a much better game than they play....always have. The demise of the middle class was planned by the oligarchs that really run and own this corporate entity that you lovingly refer to as your "gubermint".......

Wrong again, fool figure it out DUH:
The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--June 9, 2016
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

1. As some one in business I can assure you I was not the recipient of said proceeds, they went from me to govt or some one trying to help me protect myself and my employees from govt. You don't seem to be able to grasp what a friggin nightmare it has become to try and run a business in this country. Try dealing with fed bureaucrats, state bureaucrats, county bureaucrats, local bureaucrats, inter state bueaucrats, intrastate bureaucrats, the list is endless and growing by the day. On top of that try competing with competition in your own country that hires illegals. Guess what they're not all picking lettuce. But it's OK because it makes people on the left feel warm and fuzzy.

 

[Billy000]

1) Canada having a higher minimum wage

2) Canada having a higher tax rate on the wealthy

3) Canada having Widespread unions

4) Canada having strong bank regulations

5) Canada having free healthcare

Are you making this crap up. I know Canadians--their average income levels are lower than Americans. They never talk about Unions so I don't believe that one either. The Canadian dollar has recently declined against the American dollar, signaling that the government is either overspending or their economy is in the slump. Yes you're right Canadians do pay more in taxes because they are a single payer nation. But that's a burden on every Canadian, not just the wealthy. Everybody pays for their share of health care.

The wages of the Canadian middle class are higher after taxes on average than the US middle class.

 

[Billy000]

This fucking asshole's last 15 threads have the same theme. How other countries do it better than the US. Yet this sweat from a baboon's balls is still living here dreaming of a socialist utopia.....

You're a fucking doofus if you think America is best country in the world. Sure, it used to be, but it definitely isn't now. Your hard on for patriotism does nothing to change that.

 

[Dale Smith]

This fucking asshole's last 15 threads have the same theme. How other countries do it better than the US. Yet this sweat from a baboon's balls is still living here dreaming of a socialist utopia.....

You're a fucking doofus if you think America is best country in the world. Sure, it used to be, but it definitely isn't now. Your hard on for patriotism does nothing to change that.

I think his point is that you don't have the slightest fucking as to why it is not the best country in the world or how America squandered the chance to be the beacon for freedom and liberty that it was intended to be after the Bretton Woods agreement that made the USA.INC fiat currency the world's reserve currency and how countries stored their gold with the Federal Reserve bank only to have it stolen because USA.INC printed more money than it had gold. Your grasp of the real history of this country, it's financial make-up and the ones that really pull the strings is utterly pathetic. I would be embarrassed to post the shit that you do because of your lack of knowledge concerning the real history of this corporate entity. Basically put, you are a socialist/communist piece of liberal shit and I spit on you and your kind.

 

[Ray From Cleveland]

I understand you blindly hate illegals, ignorant brainwashed hater, but that isn't going to happen. It's unAmerican, fascist in fact. So the farce GOES ON, dupe. Pubs love it...

Agreed, some do. That's why right Americans chose Trump to run for President. We do want this immigration nonsense stopped. They are changing us into a bilingual country, lowering American wages, sending US dollars back over the border, causing massive problems with illegal drugs, taking full advantage of our safety nets they didn't pay into. And then you leftists have the nerve to come here and brag about how great Canada's middle-class is and ours is sinking.

 

[Ray From Cleveland]

This is still a Reaganist economy, chump. WAY too much. Yes I know your tenants are whacked. They could go to training for the good jobs going begging, some corrupt party won't do it. STUPID. I know- a tax cut for the rich! Dupes.

Hike taxes on the bloated rich, lower on the rest not as much. Duh. Read something.

You think repeating the same lies over and over again makes something true? One more time:

The last time the Republicans addressed taxes for the rich, they increased them. They increased taxes for those making over 450K per year. They increased capital gains. They increased corporate tax rates.

Perhaps the problem is your public school education. So allow me to point out that "increase" means going up. And no, this has nothing to do with Reagan. He's been out of office almost 30 years now. You on the left refuse to blame yourselves which is why you keep bringing up Reagan. It's getting old and boring. If you're going to lie, at least try something new once in a while.

 

[Dragonlady]

5 is a god damn lie. If you are a working canadian making around $100k you pay approximately .54 cents of every dollar for that healthcare that you can't use for up to a year when it is a serious procedure needed. Canada has treated citizens so bad for so long now the lives of our cattle would be an improvement for them.

Bullshit. And I say this as a Canadian. Canadians outlive Americans by an average of nearly 3 years. That's how bad our healthcare is. And we pay a lot less for our healthcare insurance than you. Our full coverage family plan with supplemental and basic coverage was less than $3000 per year.

 

[Dragonlady]

I understand you blindly hate illegals, ignorant brainwashed hater, but that isn't going to happen. It's unAmerican, fascist in fact. So the farce GOES ON, dupe. Pubs love it...

Agreed, some do. That's why right Americans chose Trump to run for President. We do want this immigration nonsense stopped. They are changing us into a bilingual country, lowering American wages, sending US dollars back over the border, causing massive problems with illegal drugs, taking full advantage of our safety nets they didn't pay into. And then you leftists have the nerve to come here and brag about how great Canada's middle-class is and ours is sinking.

The Mexicans are not the problem. The problem is Reagan's tax code, which suppresses wages, while funneling wealth to the top. It's not the Democrats, although they did little to fix it, it is the GOP.

 

[Dragonlady]

1) Canada having a higher minimum wage

2) Canada having a higher tax rate on the wealthy

3) Canada having Widespread unions

4) Canada having strong bank regulations

5) Canada having free healthcare

Are you making this crap up. I know Canadians--their average income levels are lower than Americans. They never talk about Unions so I don't believe that one either. The Canadian dollar has recently declined against the American dollar, signaling that the government is either overspending or their economy is in the slump. Yes you're right Canadians do pay more in taxes because they are a single payer nation. But that's a burden on every Canadian, not just the wealthy. Everybody pays for their share of health care.

The wages of the Canadian middle class are higher after taxes on average than the US middle class.

31.5% of Canadian workers belong to Unions.

The Canadian dollar declined because Harper, the idiot, cut spending too quickly in order to be able to say he balanced the budget prior to the election. It backfired and put the country into a mild recession, which has now ended. The dollar is coming back up, but it being held down by low oil prices.

 

[francoHFW]

If they're making huge profits and pay nothing? When the richest end up with all the new wealth? Duh.

The top 10% of wage earners in this country pay nearly 70% of all collected income taxes. By liberal standards, 70% is not enough. So what is enough to satisfy a welfare state liberal?

"How much is YOUR fair share of what somebody else worked for?"
Thomas Sowell

Listen, stupid . The rich have been making out like bandits and the middle class and poor are losing for 35 years now. IDIOT. It's NOT their attitude DUH.

No, the middle class has been losing since 1970 under leftard presidents, leftard controlled house and senates, neocon presidents, neocon controlled house and senates....see a pattern here, dumb ass? The leftard clown posse talks a much better game than they play....always have. The demise of the middle class was planned by the oligarchs that really run and own this corporate entity that you lovingly refer to as your "gubermint".......

Wrong again, fool figure it out DUH:
The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--June 9, 2016
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

Save your lame little links to someone that buys into that bullshit. The taking the dollar off of the gold standard in 1971 caused inflation and the need for price and wages control. The creation of the "petro-dollar" that was caused INTENTIONALLY by OPEC under the nod and wink of Nixon started the middle class on it's downward spiral and only got worse under Carter but that was the plan from the "git-go". I know, I lived through it. The Club Of Rome, an offshoot of the U.N decided that the middle class of America had an unsustainable lifestyle and their job was to systematically and incrementally take it down using unfair trade agreements and environmental laws to slowly dismantle it. I know more than you......infinitely more. You are a mere child when it comes to what the real end game is all about. You think political party affiliation and "gubermint" is going to return America to prosperity and nothing could be further from the truth because you have noi fucking clue as to what the real problem actually is....you lack the intellect...sad to say.

Facts don't matter, it's a CONSPIRACEE!!! lol. More tin foil for you....

 

[Ray From Cleveland]

The Mexicans are not the problem. The problem is Reagan's tax code, which suppresses wages, while funneling wealth to the top. It's not the Democrats, although they did little to fix it, it is the GOP.

Wealth doesn't funnel anywhere. Wealth is created and then confiscated by the government which confiscates too much as it is. As long as invaders are able to come here--take our jobs and willing to do them for less money, that's what lowers wages all across the board.

Our pay is a supply and demand situation. The more supply than demand, the prices go down. The higher demand than supply, prices go up. It works almost perfectly until you throw a monkey wrench into the system such as foreigners or unions. Then the jobs no longer pay what they are worth. With unions, the jobs pay too much. With foreigners, the jobs pay too little.

Since Reagan we've had almost 16 years of Democrat presidencies. Quit trying to blame a guy that's dead and has been out of office nearly 30 years.