Or as Herman Cain would call us
"looooooooosers":
Fifty percent of U.S. workers earned less than $26,364 last year, and those earning less than $200,000 per year - roughly 99 percent of Americans - saw their earnings fall a collective $4.5 billion.
There were fewer jobs, and overall pay was trending down -- except for the nation's wealthiest, who saw a boost.
While the incomes of the top 1percent of the country rose slightly in 2010 (from $1,909,874 in 2009 to $2,196,124 last year), their collective wage earnings rose dramatically, by about $120 billion.
It almost makes you think there should be protesters or something.
(h/t
AmericaBlog)
Rising Hegemon
While the incomes of the top 1percent of the country rose slightly in 2010 (from $1,909,874 in 2009 to $2,196,124 last year),
ReplyDeleteThat's a 10% rise in one year. That word "slight" does not mean what the author thinks it means.
It almost makes you think there should be protesters or something
ReplyDeleteYou mean like guillotines?
Urk! That was me at 8:50am.
ReplyDeleteWhile the average U.S income last year was $39,959, the mean income -- the figure where half earn more and half earn less -- was much lower, $26,364.
ReplyDeleteAlthough the statement is technically incorrect (the author obviously refers to median income), the data itself indicates a lot of plain old meanness on the part of the 1%. So I'll give AP (AllPropaganda) a pass this time.
as an artist SELLING to the 99%, I AM FUCKING SICK OF GEORGEE ECONOMIES!!!!
ReplyDeleteI WANT NO MORE TAX CUTS !!!!!!11111!!! fuck. OFF WITH THEIR HEADS GODDAMMIT!