Tag Archives: inequality

The Abandoned Class

By Robert C. Koehler

Will Occupy Wall Street hold together long enough to cut to the deep chase?

Will it find a voice to articulate not merely the pain of the struggling middle class but the endemic unfairness and racism of inescapable poverty? “Everyone is important,” read the sign of an elderly protester. My God, what if it were true? What if we could see, in the desperate thrashing of the abandoned class, everyone’s future, that of the 99 percent and that of the 1 percent?

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America’s Middle Class is dying and the stats prove it

Irish Central July 24, 2010            By CAHIR O’DOHERTY                                                 BUZZ!

Take off your hats and bow to your betters. It’s over – the noble American experiment I mean.

The American middle class is being systematically wiped out of existence. The rich are getting richer and the poor are getting poorer here at a historically unprecedented rate.

Once the United States had the largest and most prosperous middle class in the history of the world, but that’s ending at a blinding pace.

The new ‘global economy’ means that middle class American workers have to directly compete for jobs with people on the other side of the world where there is no minimum wage and practically no regulations.

If the socialism the Tea Party is shouting about means anything in the U.S. anymore it refers to the golden circle of the super rich, who are profiting at unheard of rates whilst the rest of this nation suffers.

U.S. Corporations have grown massively rich exploiting third world labor pools, but middle class American workers have increasingly lost out.

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Public must ‘tolerate the inequality’ of bonuses, says Goldman Sachs

Bankers’ soaring pay is an investment in the economy, Lord Griffiths tells public meeting on City morality

By Kathryn Hopkins