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Incorrect.
No. Change for the express purpose of shaking the tree of the established parties. Trump nearly cleaved the GOP easily. It was waiting to happen.
Incorrect.
whine hole, etc, have NO suggestions, just silly, hopeful positivity.
Do you have any suggestions how to improve the declining status quo of Americans, America as ed and un able?
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As Wealthy Surge, U.S. Poor and Middle Class Incomes Have Gone Backward
Poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014,
Middle- and low-income households in the U.S. made less money in 2014 than they did in 1999 as the middle class lost ground in almost 90 percent of the country's metropolitan areas, a new analysis by the Pew Research Center released Wednesday has found.
The report looked at 229 of the 381 federally designated "metropolitan statistical areas" in the U.S., from Seattle to Boston, which accounted for 76 percent of the nationwide population in 2014. It found that poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014, while middle-class incomes fell from $77,898 to $72,919 in that same time period.
The erosion of the middle class came as household incomes decreased, "a reminder that the economy has yet to fully recover from the effects of the Great Recession of 2007-09," Pew said—but more than that, it is a reflection of rising income inequality.
The report continues:
The current and future status of the American middle class continues to be a central issue in the 2016 presidential campaign. Moreover, new economic research suggests that a struggling middle class could be holding back the potential for future economic growth. The national trend is clear—the middle class is losing ground as a share of the population, and its share of aggregate U.S. household income is also declining.
With fewer families in the middle tier, the gap between rich and poor is widening, the report found, with the share of adults in lower-income tiers rising in 160 areas.
The report follows a previous Pew analysis which found that for the first time in more than 40 years, the middle class is no longer the majority in America.
http://www.commondreams.org/news/201...-gone-backward
40 years? since 1975?
That's exactly when the VRWC "movement conservatism" got organized, started financing VRWC stink tanks like Heritage and Cato, and appointing extreme right wing judges throughout the judiciary, etc, etc.
Capitalism is great, ONLY for the capitalists.
Sure, the status quo has flaws but you don't improve the status quo by putting someone who reflects the worst of it, and none of the best of it, in charge.
The only way to help the middle class is to get growth back over 4%. it creates demand for qualified labor and causes compe ion for employees and higher wages. You don't get there by geometrically increasing the nanny state.
Care to elaborate? What do you think a Trump / Cruz / Clinton would do to improve things?
Cruz? Nothing. Worse actually as he continues the Bataan death March to the social far right.
Clinton? She is the consummate neobliberal and embodies virtually all the flaws of our current system.
Trump? Nothing good other than the continued destruction of the GOP.
Last edited by TeyshaBlue; 05-13-2016 at 11:52 AM.
Omlettes, broken eggs et al.
I start by not posting from ty blogs.
And what's your policy recommendation for a return to 4% growth rates, which we haent seen since the late 90's and was driven by a massive tech bubble?
Last edited by Th'Pusher; 05-13-2016 at 12:34 PM.
You need sustainable growth over 4% to help the middle class. One-off events (e.g. Massive public spending post the Great Depression, World War 2) obviously can't be replicated. Tax cuts and deregulation only work in a supply-constrained environment - they worked (along with some bad side-effects) in the Reagan era but haven't worked since (G. W. Bush). Starting wars in oil-rich countries hasn't delivered sustained growth and has led to global instability. More drilling / fracking won't do the trick because prices and wages will continue to fall or grow slowly.
This isn't an easy problem to solve. Trump's protectionism may have worked 60 years ago, but with a globally connected economy and multinational corporations, it will be disastrous to start trade wars. I suspect that there are no quick fixes - a viable solution is likely a long-term one that will involve improving the educational / research ecosystem, better digital infrastructure at lower cost, relax regulations for startups and small firms in targeted sectors, etc. Simplistic solutions like "roll back the nanny state" or "free education" disregard practicality and are purely ideological.
Small businesses drive employment in the US and it really is extremely difficult for them to comply with all the government bull .
"You need sustainable growth over 4% to help the middle class."
you mean GDP growth?
that's no help for the 90%, since nearly all economic gains, like 90%+, have been going to the top 1% since 2008, aka, USA is a plutonomy.
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