Tuesday, August 12, 2014

Oh...hooray!

Well this surprises nobody.
Jobs growth in the U.S. since the 2008 recession has been undermined by lower wages, with workers earning an average 23 percent less than from jobs which were lost, a report by an organization representing U.S. cities said on Monday.
Middle-class, now with a quarter less value.

Meanwhile.
America's richest 0.1%, who have at least $20 million (£11 million) in net wealth, had at least 23.5% of the country's wealth in 2012, up from 21.5% from previous estimates.
[cross-posted at Firedoglake]

3 comments:

pansypoo said...

and reagan was pleased at the path he had set.

Brian M said...

SAINT Reagan PBHN, pansypoo. Get the name right!

Anonymous said...

America's richest 0.1%, who have at least $20 million (£11 million) in net wealth, had at least 23.5% of the country's wealth in 2012, up from 21.5% from previous estimates.

If Obama's a "Marxist" as rabies radio keeps insisting, he's a pretty shitty one.