40 Years of Class Warfare in One Chart.

[georgephillip]

yes it is and it goes without saying that the bigger and more powerful it is, the safer we all are. Conservative love being safe, especially from ISIS who would cut our heads off while we are still alive.

Of course those of us who aren't getting richer from wars we're too conservative to fight in recognize ISIS wouldn't even exist in the absence of the conservative war on terror. Time to audit the Pentagon?

 

[EdwardBaiamonte]

yes it is and it goes without saying that the bigger and more powerful it is, the safer we all are. Conservative love being safe, especially from ISIS who would cut our heads off while we are still alive.

Of course those of us who aren't getting richer from wars we're too conservative to fight in recognize ISIS wouldn't even exist in the absence of the conservative war on terror. Time to audit the Pentagon?

conservative war on terror? Actually dear Obama is a liberal. See why we say stupid??

 

[Dad2three]

Basic supply and demand. In the late 60s women and minorities were being educated more and more and entering the workforce. The addition of women in many formerly male jobs created a large supply.

So was there a surplus of workers? Nope


What else happened?

 

[Dad2three]

Seems like instead of trickling down, the rich just kept the money

If land, labor, and capital are the only three factors of production, that would seem to guarantee those who own the capital are entitled to all of the fruits of constantly improving technology.

ALL????

"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson



In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Summary of Latest Federal Income Tax Data Tax Foundation

GOV'T POLICY MATTERS !!!

 

[Dad2three]

. the federal doctrine is a liberal doctrine.

of course 100% stupid given that they created the smallest govt on the planet that was 1% the size of ours on a per capita inflation adjusted basis.

Welcome to your ABC's
Jefferson:

That government is best which governs the least, because its people discipline themselves.

The path we have to pursue[when Jefferson was President ] is so quiet that we have nothing scarcely to propose to our Legislature."

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.

Spurious Quotations

"Jefferson:

That government is best which governs the least, because its people discipline themselves. "

• Spurious Quotations
  
  That government is best which governs least. Quotation Thomas Jefferson s Monticello
  
  
  "The democracy will cease to exist when you take away from those who are willing to work and give to those who would not"
  • Spurious Quotations
  
  The democracy will cease to exist... Quotation Thomas Jefferson s Monticello
  
  
  
  
  TJ DID SAY THIS THOUGH BUBBA:
  
  
  "The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it."
  
  Thomas Jefferson

• YOU'RE WELCOME!!
  
  
  
  
  

 

[georgephillip]

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Those numbers don't exactly make me look forward to 2034.
Do you think Republicans will plunder SS by that time?
Financial Literacy Month CounterPunch Tells the Facts Names the Names

 

[KissMy]

Very good post.

Now, the question is this: Why did compensation deviate from productivity and what will it take to change this, and realign compensation with productivity?

I would submit that the deviation occurred because workers became complacent and apathetic toward their own pay and began settling for pay that was lower in value than their production. The best way to counteract this trend is for workers to be more assertive and advocate for their own compensation.

Surely you jest! Presidents, Govoners, CEO's, Bosses & the Police will screw workers over for being more assertive and advocating for their compensation.

 

[Dad2three]

In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.

In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.

Those numbers don't exactly make me look forward to 2034.
Do you think Republicans will plunder SS by that time?
Financial Literacy Month CounterPunch Tells the Facts Names the Names

It's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

 

[georgephillip]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

 

[Dad2three]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

 

[EdwardBaiamonte]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

 

[georgephillip]

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America

"These tensions fueled a separate uproar last week over remarks by 2016 presidential hopeful Sen. Rand Paul about the disability program.

"Testing the waters in an appearance in New Hampshire, the Kentucky Republican suggested that half the people on Social Security disability had no more to worry about than achy backs and anxiety in the morning. 'Join the club. Who doesn’t get up a little anxious for work and their back hurts,' Paul said disparagingly.

"After video of his remarks went online, Paul quickly backtracked: 'We absolutely should take care of those truly in need of help,' he said in a statement."
Absolutely, right?

Read more: Republicans target Social Security disability - David Rogers - POLITICO

 

[irosie91]

I am not surprised. In my lifetime----I was called upon several times as a kind of advocate (I am not a lawyer)---for disabled persons-----lots of hostility towards disabled persons. One of my clients---sans a right arm-----lost her disablilty benefits and was told to GET A JOB

 

[irosie91]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

 

[EdwardBaiamonte]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

 

[EdwardBaiamonte]

I am not surprised. In my lifetime----I was called upon several times as a kind of advocate (I am not a lawyer)---for disabled persons-----lots of hostility towards disabled persons. One of my clients---sans a right arm-----lost her disablilty benefits and was told to GET A JOB

gee what an odd idea getting a job is!!!
SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

 

[irosie91]

t's already happened. Ronnie "saveed" SS by increasing taxes on the workers, and in excess of $2.7+ trillion has been used the past 30 years to hide the costs of Ronnie's/Dubya's tax cuts for the rich!

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

right-----life on SS is such a picnic-----I know the system well-----I have acted as advocate for disabled people-----of course in times of unemployment-----people TOO SICK to work ------rises. You want them to starve to death instead?---In times of stress and less available jobs------even the mildly disabled ------just do not get hired-----YOU WANT THEM TO STARVE TO DEATH INSTEAD???

 

[Dad2three]

Ronny's spiritual descendants are alive and well and hell-bent on improving the "actuarial balance" of the disabled:
"The GOP’s immediate target is Social Security’s sprawling disability insurance program, which has grown at a pace far beyond its revenues and will exhaust its trust fund reserves by December 2016, threatening a 19 percent cut in benefits.

"In the past, Congress has simply shifted revenues from Social Security’s larger retirement account to fill holes in the disability fund. But the new House rule throws up a roadblock by creating a point of order against any such bill that does not improve the 'actuarial balance' of the combined funds.

“'What we want to do is not kick the can down the road anymore,' said Rep. Sam Johnson (R-Texas), who promoted the change as chairman of the Social Security panel on the House Ways and Means Committee. 'The rule is intended to get the Congress to at least take a first step toward solving the Social Security problem. If we continue the way we are, it’s a go-broke operation.'”

Read more: Republicans target Social Security disability - David Rogers - POLITICO

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

right-----life on SS is such a picnic-----I know the system well-----I have acted as advocate for disabled people-----of course in times of unemployment-----people TOO SICK to work ------rises. You want them to starve to death instead?---In times of stress and less available jobs------even the mildly disabled ------just do not get hired-----YOU WANT THEM TO STARVE TO DEATH INSTEAD???

Yes, THEY would prefer that. ALL their policies push US back to the 3rd world the US was before PROGRESSIVE policies created the worlds largest middle class!

I know someone who literally has a house on the water in Florida, a trust fund for her son, millions in the bank and wants to cut her employees (unions) wages from $14-$16 an hour in NJ to $12-$14 because she can't "afford" it. She won a public contract. Seriously sick people

 

[EdwardBaiamonte]

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

right-----life on SS is such a picnic-----I know the system well-----I have acted as advocate for disabled people-----of course in times of unemployment-----people TOO SICK to work ------rises. You want them to starve to death instead?---In times of stress and less available jobs------even the mildly disabled ------just do not get hired-----YOU WANT THEM TO STARVE TO DEATH INSTEAD???

Yes, THEY would prefer that. ALL their policies push US back to the 3rd world the US was before PROGRESSIVE policies created the worlds largest middle class!

I know someone who literally has a house on the water in Florida, a trust fund for her son, millions in the bank and wants to cut her employees (unions) wages from $14-$16 an hour in NJ to $12-$14 because she can't "afford" it. She won a public contract. Seriously sick people

the beauty of capitalism is that it forces business to produce the best products in the world and provide the best jobs in the world just to survive.

If you doubt it for one second start a business.

 

[Dad2three]

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

SS disability is for all people-----it is not a "WORKER's COMP. " benefit It is an insurance for which persons with a salary PAY

SS disability is growing faster than ever under Obama despite the safest workplaces ever because for a liberal there never is too much welfare no matter what the national debt or how few people need to work nowadays in America.

right-----life on SS is such a picnic-----I know the system well-----I have acted as advocate for disabled people-----of course in times of unemployment-----people TOO SICK to work ------rises. You want them to starve to death instead?---In times of stress and less available jobs------even the mildly disabled ------just do not get hired-----YOU WANT THEM TO STARVE TO DEATH INSTEAD???

Yes, THEY would prefer that. ALL their policies push US back to the 3rd world the US was before PROGRESSIVE policies created the worlds largest middle class!

I know someone who literally has a house on the water in Florida, a trust fund for her son, millions in the bank and wants to cut her employees (unions) wages from $14-$16 an hour in NJ to $12-$14 because she can't "afford" it. She won a public contract. Seriously sick people

the beauty of capitalism is that it forces business to produce the best products in the world and provide the best jobs in the world just to survive.

If you doubt it for one second start a business.

Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...

The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.