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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (600825)2/16/2011 4:36:19 PM
From: Bill1 Recommendation  Respond to of 1571043
 
They voted for Obama.



To: tejek who wrote (600825)2/16/2011 7:09:10 PM
From: bentway  Read Replies (2) | Respond to of 1571043
 
"One major pull on the working man was the decline of unions and other labor protections, said Bill Rodgers, a former chief economist for the Labor Department, now a professor at Rutgers University.

Because of deals struck through collective bargaining, union workers have traditionally earned 15% to 20% more than their non-union counterparts, Rodgers said.

But union membership has declined rapidly over the past 30 years. In 1983, union workers made up about 20% of the workforce. In 2010, they represented less than 12%."

All (R)'s and quite a few (D)'s have been converted into "useful idiots" for those that LIKE the wealth concentrated at the top.
Jim McMannis is a perfect example.



To: tejek who wrote (600825)2/16/2011 10:52:25 PM
From: TimF  Read Replies (1) | Respond to of 1571043
 
How the middle class became the underclass

They didn't.

In 1980, workers with a high school diploma earned about 71% of what college-educated workers made. In 2010, that number fell to 55%.

In 2010 a larger percentage of people where college educated. Your not comparing equivalent groups. The normal level of education (at least in terms of years of formal education) has moved up.

While that's helped the American economy grow, the benefits have been disproportionately reaped by the wealthy.

If you get a big benefit than you are wealthy, but much of the benefit went to people who where not formally wealthy. There is a fair amount of social mobility, also people tend to accumulate wealth over time.

As for the koolaid that's being passed around, its the idea that more government control is good for the economy.