Income stagnation in the U.S.A.

[InRareForm]

http://www.economist.com/blogs/freeexchange/2012/10/income-stagnation?fsrc=scn/tw/te/bl/stagnationMidwest

[boutons_deux]

So dubya's wars, tax cuts, and policies stagnated real household income for the 99%? They also did nothing for employment growth.

the 99% have had real household income stagnation or extremely slow growth since 1980, when the VRWC stooge St Ronnie got into office and got the VRWC shit ball rolling over and suppressing the wealth of the 99%, while the 1% share of national income and wealth exploded, as was always intended behind their predatory lie of "trickle down"/voodoo economics.

[boutons_deux]

Here's a longer view:

http://www.nytimes.com/interactive/2012/10/24/us/politics/income-stagnation-and-inequality.html

note how the St Ronnie 80s and dubya 2000s are so "trickle down" wonderful, then how the VRWC-enabled Bansksters Great Depression actually drove income down.

[boutons_deux]

U.S. Income Inequality: It's Worse Today Than It Was in 1774
http://www.theatlantic.com/business/archive/2012/09/us-income-inequality-its-worse-today-than-it-was-in-1774/262537/

[boutons_deux]

CEO pay and the top 1%

http://www.epi.org/files/2012/ib331-figureA.png.538


Though lower than in other years in the last decade, the CEO-to-worker compensation ratio in 2011 of more than 200-to-1 is far above the ratios prevailing in the 1960s, 1970s, 1980s, and mid-1990s. This illustrates that CEOs have fared far better than the typical worker, the stock market, or the U.S. economy over the last several decades. That begs the question: is there any gauge against which to measure CEO pay that hasn’t been surpassed?


http://www.epi.org/publication/ib331-ceo-pay-top-1-percent/

Whether CEO, private equity investor (like Gecko), or politicians, once in power or control, the primary motivation is to enrich oneself rather than serve the organization or citizens. With CEOs, even when the company has horrible performance, the CEOs get paid, and then get fired with $10Ms of severance compensatioin.

[boutons_deux]

A Part-Time Life, as Hours Shrink and Shift
http://www.nytimes.com/2012/10/28/business/a-part-time-life-as-hours-shrink-and-shift-for-american-workers.html?_r=1&hp

A very large section of job growth in the Banksters Great Depression has been in the shitty job area, part time, no benefits, and (much) less than $20/hr.

[Borat Sagyidev]

The solution to this is the end of corporate bankruptcy allowances and bailouts. These entities and the individuals that run them have been deconstructing natural market competition and correction worldwide. Many of them essentially provide no product that is needed. As a result, even when they fail..they grow. Real Estate induced bailouts here in the US and Europe are just the tip of the iceberg.

Texas is riddled with many oil services companies who default on govt backed Loans. Bill Flores a current US House rep led one and ran for congress as a "successful businessman" yet he defaulted on a multi million dollar loan that ended up getting offset by taxpayers.

Another popular culprit is Trump hotels. They simply should no longer exist after so many bankruptcy proceedings and the comb over moron associated with them should be selling pencils form a cup at this point. If worthless had a portrait associated with it, he would fit perfectly.

Normalization and return to a competition based market would have already occurred with cases such Fannie Mae and Lehman Brothers, but the forces that be prevent it, the result is a market with even less correction and competition. Bailouts get charged to working class taxpayers, from consumer prices to taxes. Just about every politician nowadays has to go along with this to get campaign funding and elected.

We're been living in corporate communism for about 30 yrs now. This is old news.