Until this is addressed, we will continue to lose our standard of living and we will end up a country of haves and have nots and be a relatively 3rd world nation.
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The U.S. ranks 4th in GDP, yet it is 92nd in distribution of wealth—UN measurement. In other words the top 5% live the best of all nations, and the bottom 25% live worse than in countries such as Greece. This disparity explains why the U.S. with the most expensive medical system is counted as 37th as to quality of care by the World Health Organization. Instead of addressing this disparity, both parties have been handing out tax breaks to the top 5% and corporations. Without election-founding reform, we can expect this trend to continue. WAKE UP AMERICAN PEOPLE—the politicians are serving BIG BUSINESS!
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STANDARD OF LIVING WORLD STATS, the revealing measurement
I advocate that a person working 40 hours in the US SHOULD be able to have a standard of living that is comfortable and not have to live paycheck to paycheck worrying about his mortgage or car payments.
The above statistic is worsening and people on both sides (as evidenced here) keep arguing that "arbitrary wage increases are bad" .... yeah but for CEO's and executives it is ok.
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CEO compensation up 7.5% in 2007
Corporate Library says stock options helped drive overall compensation for top executives higher. But the rate of increase is lowest since 2001.
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Total CEO compensation up 7.5% - Dec. 9, 2008
Yet the average worker in the US (THE BOTTOM 80%) has continued to see their capital income decrease immensely in the past 20 years. Meanwhile the top 10, 5 and 1% have all seen theirs increase.
I advocate more distribution of wealth. Colleges are becoming unaffordable, aid is drying up (unless you take loans that you will never be able to pay back because you can't find a job that will pay enough).
WHY THE FUCK ARE PEOPLE ON BOTH SIDES ARGUING THAT THE AVERAGE CITIZEN NEEDS TO CUT BACK WHILE THE TOP 10-5-1 PERCENT CONTINUE TO GAIN MORE AND MORE????? WTF? ARE PEOPLE SO IGNORANT AND BLIND THAT THEY THINK THIS IS OK??????
And for those who talk about how EVIL the Right is yet will argue over wages with me.... take a look at the statistics on this link.... THIS IS FUCKING PATHETIC.... AND IT NEEDS TO BE ADDRESSED AND MADE BETTER NOT WORSE.
A COMPARISON BETWEEN THE US AND OTHER RICH NATIONS