The curse of socialism…

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[francoHFW]

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)

 

[Rustic]

READ IT, dumbass.

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 35 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 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB: Z.1 Release - Financial Accounts of the United States - Current Release
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

 

[Rustic]

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)

 

[francoHFW]

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)

 

[francoHFW]

The political correctness of wanting something for nothing.

Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes | Zero Hedge

Betting that the takers likely aren't the ones living in the tents. The takers are comfy in their government housing. It's the givers that get screwed. Prices going up. Taxes going up. And when the middle class businesses got attacked by liberals with their over regulation and Obama care, jobs disappeared. Many businesses had to downsize to stay afloat. Many only offer part time work now since they can't afford full time employees due to the liberals making every employee a huge liability. People who were doing okay are suddenly vying for those part time jobs, but they aren't enough to keep their homes. So, they end up living worse than those who fed off them for years.

BS. Thanks the corrupt bubbles scandals and pander to the rich tax rates, dupe.

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)

 

[Rustic]

The political correctness of wanting something for nothing.

Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes | Zero Hedge

Betting that the takers likely aren't the ones living in the tents. The takers are comfy in their government housing. It's the givers that get screwed. Prices going up. Taxes going up. And when the middle class businesses got attacked by liberals with their over regulation and Obama care, jobs disappeared. Many businesses had to downsize to stay afloat. Many only offer part time work now since they can't afford full time employees due to the liberals making every employee a huge liability. People who were doing okay are suddenly vying for those part time jobs, but they aren't enough to keep their homes. So, they end up living worse than those who fed off them for years.

BS. Thanks the corrupt bubbles scandals and pander to the rich tax rates, dupe.

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)

 

[francoHFW]

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)

Thanks for proving my point. And thanks for the corrupt Bush World Depression, dupe.

 

[Rustic]

 

[francoHFW]

The political correctness of wanting something for nothing.

Tent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes | Zero Hedge

Betting that the takers likely aren't the ones living in the tents. The takers are comfy in their government housing. It's the givers that get screwed. Prices going up. Taxes going up. And when the middle class businesses got attacked by liberals with their over regulation and Obama care, jobs disappeared. Many businesses had to downsize to stay afloat. Many only offer part time work now since they can't afford full time employees due to the liberals making every employee a huge liability. People who were doing okay are suddenly vying for those part time jobs, but they aren't enough to keep their homes. So, they end up living worse than those who fed off them for years.

BS. Thanks the corrupt bubbles scandals and pander to the rich tax rates, dupe.

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)

Don't care about your stupid propaganda, dupe.

 

[francoHFW]

He'd cut your taxes, stupid. So will Hillary.

 

[Rustic]

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)

Thanks for proving my point. And thanks for the corrupt Bush World Depression, dupe.

Barry could not even hit 3% GDP With that hope and change load of shit… LOL

 

[Rustic]

He'd cut your taxes, stupid. So will Hillary.

Hardly... Lol

 

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[francoHFW]

Spammer idiot.

 

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[Rustic]

Spammer idiot.

 

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