Reaganism and Voodoo have been a disaster for the nonrich for 30 years...

[francoHFW]

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the details:
1. WORKERS past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50% TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%

A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = http://2.bp.blogspot.com/_Zh1bveXc8rA/SuddUhLWUaI/AAAAAAAAA7M/iU2gefk317M/s1600-h/Clipboard01.jpg
2 – http://www.whitehouse.gov/omb/blog/09/04/27/CongratulationstoEmmanuelSaez/
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = http://www.federalreserve.gov/releases/z1/current/
5/6 = http://www.businessinsider.com/15-c...lity-in-america-2010-4?slop=1#slideshow-start
Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts Previous post →

 

[TakeAStepBack]

lol pub dupe ass face, hate machine, ASS! Shut up.

 

[Freewill]

WTF is wrong with YOU? It has been 22 years with 12 year of Clinton and Obama and you STILL want to blame Reagan. Reagan who ushered in the greatest expansion of the US economy in peacetime history.

Seriously seek help.

 

[bornright]

Isn't it great since Obama has turned things around. People are moving out from under bridges and buying massive homes and with no job. No more poor.

 

[Truthmatters]

they mock the pain of the American people .

they are sociopaths

 

[tjvh]

This message is hidden because francoHFW is on your ignore list.

 

[whitehall]

More Obama to make up for Reagan? Are you freaking nuts or just another frog Euro socialist?

 

[DiamondDave]

Spammer without listing the source

The Demise of the American Middle Class In Numbers. | Fact Left

Fuck off, troll

 

[Antares]

6. AND THE AMERICAN DREAM IS GONE.

My home is almost paid for.
Both of our vehicles are paid for.....
WE have about 20 grand in other debt and it is declining rapidly....

The dream is fine, we just have a fewer number of people actually willing to do what it takes to achieve it.

 

[DiamondDave]

Just love how they regurgitate marching orders from their winger sources... like good little lemmings

 

[whitehall]

The American dream started to decline when LBJ made it official that the federal government could steal all the confiscated Social Security taxes and he created the "Great Society" that filtered trillions of taxpayer dollars through poverty pimps for votes for democrats. Meanwhile the rest of the democrat crooks decided that ten million illegal aliens wasn't enough.

 

[Dugdale_Jukes]

Preach it loud.

The filthy god damned scum of the earth have no idea what they have wrought. It tickles the hell out of me on some level that white trash are going to suffer the most in the long run from Nutballism.

Mainly because they have the most to lose. Immigrants are grateful to blow American corporations for the crumbs. White trash have no clue what is ahead.

 

[Antares]

I am losing nothing, and you aren't man enough to anything away from me.....(shrugs)

Preach it loud.

The filthy god damned scum of the earth have no idea what they have wrought. It tickles the hell out of me on some level that white trash are going to suffer the most in the long run from Nutballism.

Mainly because they have the most to lose. Immigrants are grateful to blow American corporations for the crumbs. White trash have no clue what is ahead.

 

[Dugdale_Jukes]

I am losing nothing, and you aren't man enough to anything away from me.....(shrugs)

Preach it loud.

The filthy god damned scum of the earth have no idea what they have wrought. It tickles the hell out of me on some level that white trash are going to suffer the most in the long run from Nutballism.

Mainly because they have the most to lose. Immigrants are grateful to blow American corporations for the crumbs. White trash have no clue what is ahead.

Agreed that no one too stupid to read the facts and accept them is going to lose anything worth having, which would include most white trash. You know who you are, sport.

As to whether I am "man enough to anything away from" [sic] you, well, to be sure one isn't cruel enough to steal from illiterates. Okay, son?

 

[Antares]

Your words betray you as cowardly and weak kid....you are a worthless leech.

You could take nothing from me.

I am losing nothing, and you aren't man enough to anything away from me.....(shrugs)

Preach it loud.

The filthy god damned scum of the earth have no idea what they have wrought. It tickles the hell out of me on some level that white trash are going to suffer the most in the long run from Nutballism.

Mainly because they have the most to lose. Immigrants are grateful to blow American corporations for the crumbs. White trash have no clue what is ahead.

Agreed that no one too stupid to read the facts and accept them is going to lose anything worth having, which would include most white trash. You know who you are, sport.

As to whether I am "man enough to anything away from" [sic] you, well, to be sure one isn't cruel enough to steal from illiterates. Okay, son?

 

[squeeze berry]

6. AND THE AMERICAN DREAM IS GONE.

My home is almost paid for.
Both of our vehicles are paid for.....
WE have about 20 grand in other debt and it is declining rapidly....

The dream is fine, we just have a fewer number of people actually willing to do what it takes to achieve it.

the current philosophy is immediate gratification is not soon enough

 

[Antares]

I know, and it is very sad.

6. AND THE AMERICAN DREAM IS GONE.

My home is almost paid for.
Both of our vehicles are paid for.....
WE have about 20 grand in other debt and it is declining rapidly....

The dream is fine, we just have a fewer number of people actually willing to do what it takes to achieve it.

the current philosophy is immediate gratification is not soon enough

 

[Dugdale_Jukes]

Your words betray you as cowardly and weak kid....you are a worthless leech.

You could take nothing from me.

I am losing nothing, and you aren't man enough to anything away from me.....(shrugs)

Agreed that no one too stupid to read the facts and accept them is going to lose anything worth having, which would include most white trash. You know who you are, sport.

As to whether I am "man enough to anything away from" [sic] you, well, to be sure one isn't cruel enough to steal from illiterates. Okay, son?

Babble, babble, blah, blah, babble... - Kanga

Record stuck, is it?

No one wants anything from you, son.

Some of just don't want ignorant white trash messing it up for everybody else.

Next.

 

[Antares]

Just thank yo daddy for your monthly stipend and move on kid.

Look at it this way...you can call me daddy and pretend you actually know who yours is.

Your words betray you as cowardly and weak kid....you are a worthless leech.

You could take nothing from me.

Agreed that no one too stupid to read the facts and accept them is going to lose anything worth having, which would include most white trash. You know who you are, sport.

As to whether I am "man enough to anything away from" [sic] you, well, to be sure one isn't cruel enough to steal from illiterates. Okay, son?

Babble, babble, blah, blah, babble... - Kanga

Record stuck, is it?

No one wants anything from you, son.

Some of just don't want ignorant white trash messing it up for everybody else.

Next.