Canadian middle class passes American- Thanks Reaganism...

[boedicca]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

Your stupid must be incredibly painful.

SRSLY

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

Your stupid must be incredibly painful.

SRSLY

SRSLY, I doubt you know what socialism IS...Pubtroll.

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

There should be a flat tax or a consumption tax...that is fair. You do not get a wealthy people by taxing success into poverty.

We basically ALREADY have a flat tax- ALL paying between 20-30% in all taxes and fees, so now all the new wealth goes to the richest and the country goes to hell with bad demand for product. Another 20 years of this and we're Columbia... Brilliant, brainwashed functional moron.

The Demise of the American Middle Class In Numbers.

Over the past 30 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--December 10, 2015
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

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

Where does this magical growth in productivity come from? Thin air? LOL!
Silly liberal.

Could you miss the point any more? lol

 

[Toddsterpatriot]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

There should be a flat tax or a consumption tax...that is fair. You do not get a wealthy people by taxing success into poverty.

We basically ALREADY have a flat tax- ALL paying between 20-30% in all taxes and fees, so now all the new wealth goes to the richest and the country goes to hell with bad demand for product. Another 20 years of this and we're Columbia... Brilliant, brainwashed functional moron.

The Demise of the American Middle Class In Numbers.

Over the past 30 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--December 10, 2015
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

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

Where does this magical growth in productivity come from? Thin air? LOL!
Silly liberal.

Could you miss the point any more? lol

Franco said, while running away from my question like a teenaged girl.

 

[boedicca]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

Your stupid must be incredibly painful.

SRSLY

SRSLY, I doubt you know what socialism IS...Pubtroll.

I call shenanigans.

I bet you can't accurately define what socialism is....and if you happen to Google up an accurate definition, I bet you can't describe how that definition supports the OPs fantasy that Socialism creates prosperity.

 

[Toddsterpatriot]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

What the rich owe? Why because your greedy ass feels entitled to somebody else's money? Capitalism is what made us great, the further we go towards socialism the harder the middle class is hit. Your lies can't cover it up, Big Guy.

You're a functionally braindead dupe. Reaganism has killed the nonrich and the country the last 30 years, while the greedy idiot megarich GOP laughs all the way to the bank. The richest pay less %wise than the middle class in taxes, dupe.
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

The richest pay less %wise than the middle class in taxes, dupe.

What's wrong, Franco?
Can't post a number longer than 4 digits? LOL!

 

[Freewill]

Just the other day the liberal left was bragging that the next Republican President has not been born yet. they also like to brag about how they have won the popular vote 5 out of the last 6 elections. Yet here they are with all their success trying to blame a President that ushered in the biggest peace time expansion of the economy in history. Forgetting how Clinton screwed the working class with his free trade BS.

Takes a special kind of disjointed thinking to be a liberal.

 

[thereisnospoon]

According to a New York Times report, the rich in the US are getting richer, but the poor and middle classes are falling behind some of their Western peers.

"Middle-class incomes in Canada - substantially behind in 2000 - now appear to be higher than in the United States," David Leonhardt and Kevin Quealy write. "The poor in much of Europe earn more than poor Americans."

The UK median income is still behind that of the US, but it's catching up fast - a 19.7% increase since 2000. This is the same increase as Canada's, whereas the US number was up by only 0.3%. (It's worth noting that Germany's middle class is also stagnating - at 1.4%.)

The Times reporters based their conclusions on a survey of household incomes in about 20 countries over the course of 35 years, taking into account inflation, differences in taxes, government benefits and cost of living in different locations.

"With a big share of recent income gains in this country flowing to a relatively small slice of high-earning households, most Americans are not keeping pace with their counterparts around the world," they write.

The reporters point to three reasons why all but the wealthiest American may be falling behind:

First, educational attainment in the United States has risen far more slowly than in much of the industrialized world over the last three decades, making it harder for the American economy to maintain its share of highly skilled, well-paying jobs…

A second factor is that companies in the United States distribute a smaller share of the bounty to the middle class and poor than similar countries elsewhere…

Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.

The struggle for middle- and lower-class Americans is reflected in public opinion polls, the reporters write, which generally show greater dissatisfaction with their government than in other Western nations.

BBC News - Canada passes US in middle-class wealth

Could we PLEASE have the rich pay their fair share so we can invest in America and Americans? This is getting ridiculous, hater dupes. See sig pp 1...

So what?
Fair share?
What's that?
There is no such thing as redistribution of income. Never has. Never will be.
Fuck your signature.
Only a complete moron would believe confiscatory taxation would result in the enrichment of others.
Its unadulterated lunacy. The subject is not worth discussing

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

There should be a flat tax or a consumption tax...that is fair. You do not get a wealthy people by taxing success into poverty.

We basically ALREADY have a flat tax- ALL paying between 20-30% in all taxes and fees, so now all the new wealth goes to the richest and the country goes to hell with bad demand for product. Another 20 years of this and we're Columbia... Brilliant, brainwashed functional moron.

The Demise of the American Middle Class In Numbers.

Over the past 30 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--December 10, 2015
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

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

Where does this magical growth in productivity come from? Thin air? LOL!
Silly liberal.

Could you miss the point any more? lol

Franco said, while running away from my question like a teenaged girl.

You tell me, genius. The point is the middle class has gone to hell under voodoo duh.

 

[francoHFW]

According to a New York Times report, the rich in the US are getting richer, but the poor and middle classes are falling behind some of their Western peers.

"Middle-class incomes in Canada - substantially behind in 2000 - now appear to be higher than in the United States," David Leonhardt and Kevin Quealy write. "The poor in much of Europe earn more than poor Americans."

The UK median income is still behind that of the US, but it's catching up fast - a 19.7% increase since 2000. This is the same increase as Canada's, whereas the US number was up by only 0.3%. (It's worth noting that Germany's middle class is also stagnating - at 1.4%.)

The Times reporters based their conclusions on a survey of household incomes in about 20 countries over the course of 35 years, taking into account inflation, differences in taxes, government benefits and cost of living in different locations.

"With a big share of recent income gains in this country flowing to a relatively small slice of high-earning households, most Americans are not keeping pace with their counterparts around the world," they write.

The reporters point to three reasons why all but the wealthiest American may be falling behind:

First, educational attainment in the United States has risen far more slowly than in much of the industrialized world over the last three decades, making it harder for the American economy to maintain its share of highly skilled, well-paying jobs…

A second factor is that companies in the United States distribute a smaller share of the bounty to the middle class and poor than similar countries elsewhere…

Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.

The struggle for middle- and lower-class Americans is reflected in public opinion polls, the reporters write, which generally show greater dissatisfaction with their government than in other Western nations.

BBC News - Canada passes US in middle-class wealth

Could we PLEASE have the rich pay their fair share so we can invest in America and Americans? This is getting ridiculous, hater dupes. See sig pp 1...

So what?
Fair share?
What's that?
There is no such thing as redistribution of income. Never has. Never will be.
Fuck your signature.
Only a complete moron would believe confiscatory taxation would result in the enrichment of others.
Its unadulterated lunacy. The subject is not worth discussing

When the rich get 99% of new wealth, they're not paying their fair share duh. And the nonrich are paying to much and not getting paid enough when...SEE links duh. and sig pp 1. Pub dupes!!

 

[francoHFW]

Just the other day the liberal left was bragging that the next Republican President has not been born yet. they also like to brag about how they have won the popular vote 5 out of the last 6 elections. Yet here they are with all their success trying to blame a President that ushered in the biggest peace time expansion of the economy in history. Forgetting how Clinton screwed the working class with his free trade BS.

Takes a special kind of disjointed thinking to be a liberal.

Reagan did it by tripling the debt and screwing the nonrich duh. And a corrrupt S+L boom/bust/scandal as usual, dupe. Just like the scumbag Pub regulator W World Depression. Yes, Obama spent 6 trillion to avoid the worst effects here. How'd Arab countries with no oil do?

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

Your stupid must be incredibly painful.

SRSLY

SRSLY, I doubt you know what socialism IS...Pubtroll.

I call shenanigans.

I bet you can't accurately define what socialism is....and if you happen to Google up an accurate definition, I bet you can't describe how that definition supports the OPs fantasy that Socialism creates prosperity.

It's fair democratic capitalism with a good intelligent safety net like in the original EU, Canada, Japan, Oz and NZ. Here too now, but ours is a pander to the greedy idiot rich GOP mess.

"We're all socialists now"- Finland PM when O-Care passed...

 

[Toddsterpatriot]

There should be a flat tax or a consumption tax...that is fair. You do not get a wealthy people by taxing success into poverty.

We basically ALREADY have a flat tax- ALL paying between 20-30% in all taxes and fees, so now all the new wealth goes to the richest and the country goes to hell with bad demand for product. Another 20 years of this and we're Columbia... Brilliant, brainwashed functional moron.

The Demise of the American Middle Class In Numbers.

Over the past 30 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--December 10, 2015
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

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

Where does this magical growth in productivity come from? Thin air? LOL!
Silly liberal.

Could you miss the point any more? lol

Franco said, while running away from my question like a teenaged girl.

You tell me, genius. The point is the middle class has gone to hell under voodoo duh.

Where does this magical growth in productivity come from?

You tell me, genius.

Mostly business owners investing in plant, equipment, software.
Expensive things which increase productivity.
Which you, for some reason, think should just result in higher employee income, before the employer investment is repaid.

 

[Toddsterpatriot]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

What the rich owe? Why because your greedy ass feels entitled to somebody else's money? Capitalism is what made us great, the further we go towards socialism the harder the middle class is hit. Your lies can't cover it up, Big Guy.

You're a functionally braindead dupe. Reaganism has killed the nonrich and the country the last 30 years, while the greedy idiot megarich GOP laughs all the way to the bank. The richest pay less %wise than the middle class in taxes, dupe.
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

The richest pay less %wise than the middle class in taxes, dupe.

Still no definition of middle class?
And you wonder why no one takes you seriously.

 

[francoHFW]

Just the other day the liberal left was bragging that the next Republican President has not been born yet. they also like to brag about how they have won the popular vote 5 out of the last 6 elections. Yet here they are with all their success trying to blame a President that ushered in the biggest peace time expansion of the economy in history. Forgetting how Clinton screwed the working class with his free trade BS.

Takes a special kind of disjointed thinking to be a liberal.

Free trade only works when Pubs don't obstruct spending for training and cheap loans for college to get our work force ready for tech jobs- of course we lose menial manufacturing jobs to the 3rd world.. Stupid greedy shortsighted a-holes and ignorant dupes like you...

 

[francoHFW]

We basically ALREADY have a flat tax- ALL paying between 20-30% in all taxes and fees, so now all the new wealth goes to the richest and the country goes to hell with bad demand for product. Another 20 years of this and we're Columbia... Brilliant, brainwashed functional moron.

The Demise of the American Middle Class In Numbers.

Over the past 30 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--December 10, 2015
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

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

Where does this magical growth in productivity come from? Thin air? LOL!
Silly liberal.

Could you miss the point any more? lol

Franco said, while running away from my question like a teenaged girl.

You tell me, genius. The point is the middle class has gone to hell under voodoo duh.

Where does this magical growth in productivity come from?

You tell me, genius.

Mostly business owners investing in plant, equipment, software.
Expensive things which increase productivity.
Which you, for some reason, think should just result in higher employee income, before the employer investment is repaid.

Which they've been doing FOREVER. Just now they're greedy idiot Pubs who believe in screwing the workers and outsourcing.

 

[francoHFW]

GOP policies also make short term profits more profitable. Don't ask me, but Hillary says she's going to change that.

 

[Iceweasel]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

What the rich owe? Why because your greedy ass feels entitled to somebody else's money? Capitalism is what made us great, the further we go towards socialism the harder the middle class is hit. Your lies can't cover it up, Big Guy.

You're a functionally braindead dupe. Reaganism has killed the nonrich and the country the last 30 years, while the greedy idiot megarich GOP laughs all the way to the bank. The richest pay less %wise than the middle class in taxes, dupe.
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Wrong. The rich pay a higher rate, especially now that the top percent lost the Bush era tax cuts. The country did great under Reagan, you're either a liar or too stupid/lazy to look into it.

 

[francoHFW]

Now, to the thread at hand. What makes America better than the Middle East is socialism. What makes Canada and Europe's middle class stronger than America's middle class is socialism.

Taxes aren't even that much higher in Canada, it's just that their government hasn't rewritten their tax code in order to help the rich whittle down what they owe, some by more than half, like the way it is here.

Even many establishment Republicans think tax loopholes that only the rich enjoy should be closed, like the one that encourages business to leave America and go overseas.

I wasn't brought up to think about what's left and right; I was brought up to think about right and wrong and that's just plain wrong and needs to be reversed. Unfortunately, Republicans don't even seem to care that their own politicians don't give a hoot about reversing that.

What the rich owe? Why because your greedy ass feels entitled to somebody else's money? Capitalism is what made us great, the further we go towards socialism the harder the middle class is hit. Your lies can't cover it up, Big Guy.

You're a functionally braindead dupe. Reaganism has killed the nonrich and the country the last 30 years, while the greedy idiot megarich GOP laughs all the way to the bank. The richest pay less %wise than the middle class in taxes, dupe.
Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule

Wrong. The rich pay a higher rate, especially now that the top percent lost the Bush era tax cuts. The country did great under Reagan, you're either a liar or too stupid/lazy to look into it.

Of course, being a mindless dupe, you can only parrot bs about our Raygun fed income tax. If you count ALL taxes and fees, everyone is paying 20-30%.

Reagan did it by tripling the debt and screwing the nonrich duh. And a corrrupt S+L boom/bust/scandal as usual, dupe. Just like the scumbag Pub regulator W World Depression. Yes, Obama spent 6 trillion to avoid the worst effects here. How'd Arab countries with no oil do?

 

[Skylar]

The study uses median income.