CelticBear’s Musings

The middle class is getting squeezed:

• CNN Money: Middle class: ‘On the edge’

I don’t know here the “more conservative Heritage Foundation” gets their numbers from. They’re the “think-tank” that put out the white paper immediately after Bush was elected in 2000 advising him in order to forward his conservative agendas throughout the government, to purge key positions and fill them with loyalists who will craft the political message into their department’s mandate.

Let’s see, the past several year capital gains have gone up indicating greater corporate wealth and productivity, and average CEO compensation packages have grown, but the number in poverty has increased, unemployment has increased, and wages for those earning less than $200,000 a year have stagnated or dropped.
I wonder what conclusions can be drawn from that….

Related: Lettuce is the last straw, pt. 2.

King George loves the extremeists; The Middle Class is being killed off.

The new gilded age.

Not with a protest but with a whimper.

The war against the middle-class.

Why we vote against our own interests.