Trickle down doesn't exist, Sealy! Anyone that's EVER run a business understands only too well that profit trickles up...not down!
The fact that you need to ASK what GOP policies do to benefit everyone with the unemployment numbers we've had for the past two plus years and all of the other positive economic numbers tells me that you're ignoring what's actually taken place!
Who gives a fuck if everyone is working if they are aren't making enough? Meanwhile their bosses are richer than ever. What happened? How come since 1970 we have gotten poorer and poorer and the rich have gotten richer and richer? I think you know what happened. The rich waged war on the middle class. We were making too much and that was cutting into corporate profits.
Most people in the U.S. are living in financially precarious circumstances. Half of all Americans have nothing put away for retirement and the vast majority of them have under $1,000 saved, total.
According to a 2016 GOBankingRates survey, 35 percent of all adults in the U.S. have only several hundred dollars in their savings accounts and 34 percent have zero. Only 15 percent have over $10,000 stashed away.
For contrast, here’s how much experts say you should have saved at every age:
In your 20s: Aim to save 25 percent of your overall gross pay
By age 30: Have the equivalent of your annual salary saved
By age 35: Have twice your annual salary saved.
By age 40: Have three times your annual salary saved.
By age 45: Have four times your annual salary saved.
By age 50: Have five times your annual salary saved.
The middle class you remember when America was great was making a lot of money. The corporations didn't like that. That's why they started hiring illegals and started sending those high paying jobs overseas. And it's why they broke the unions. No coincidence that since union membership in America went from 35% of our workforce down to 9%, wages have gone down too. Why? Because labor has no say now. You are worth what the corporations say you are worth. And usually they don't think you are worth very much. But how much is the CEO worth? Well he's worth more than ever.
CEOs make $15.6 million on average—here’s how much their pay has increased compared to yours over the year
So are you a CEO or an idiot?
Your stats are wonderful Sealy...but as usual you haven't thought them through! The reason that so many Americans don't have anything put away for retirement isn't that the rich waged war on the middle class...it's because The Great Recession decimated their lives savings! Record numbers of people went on unemployment for a record length of time and those people paid their bills the only way they knew how...spending the money that they'd saved. They didn't lose that money because they weren't in a union...they lost that money because Barack Obama's response to a major recession was so poor that the recession lingered on...and on...and on! People in the middle class are back working now and they're starting to save money again. You can't replace a lifetime's savings in just a few years however and the hangover from that recession will linger for a long time! What's amusing to me is watching someone like you claim that it's GOP policies that caused this! Meanwhile Barry is buying his mansion on Martha's Vineyard so he can better hang out with all of his billionaire friends but you actually think HE did something to shrink the gap in pay between the middle class and the wealthy!
Barry is rich. I'd buy a mansion too if I were rich. That doesn't mean I'd stop advocating for the middle class.
This started long before the Bush Great Recession and don't blame Barry for this.
The average CEO pay is 271 times the nearly $58,000 annual average pay of the typical American worker.
Compare that to 1978, when CEO earnings were only 30 times the typical worker’s salary.
Can you explain this? Is this also Democrats fault?
You really think Barack Obama "advocated" for the Middle Class? In what way?
You think his economic policies were designed to help the average Middle Class person working in the Private Sector? How so?
The truth is that the Middle Class took a beating during Barry's two terms! The rich got richer. The poor got more handouts. The Middle Class got abused. It's why Trump won in States like Michigan but you're too myopic to see that.
How did the rich get richer under Barry? What did he do to cause it? And what would you have done to stop it? You mean the bank bailout? Bush, McCain, Romney and Trump would have done the same thing because the bankers own our country.
What did Obama want to do? Lowering the tax burden on middle-class families, expanding access to education, job training and retirement, closing loopholes and raising taxes on capital gains had no chance of being passed with a Republican controlled house and senate.
And what did Trump do?
The Republican tax bill will exacerbate income inequality in America
The Republican tax bill will exacerbate income inequality in America
“The bill is investing heavily in the wealthy and their children.”
The Trump Tax Cuts Did One Thing: Give Rich People More Money
So don't complain about Barry doing these things but then turn around and not mind that Trump's doing exactly what you accuse Barry of doing. That would make you a hypocrite.
And what did Barry do? He got us out of the Great Recession your buddy Bush created.
You claim this was a GOP problem? Simple question for you then, Sealy...what did the Democrats do to address that issue back in 2009 when they controlled the White House, the House and the Senate? Why didn't Barry do ALL of the things you claim he wanted to do but was blocked by the GOP?