Archive for the ‘class warfare’ Category

Flashback: Middle class becoming endangered species

September 19, 2006

Summary: A study ran in Harvard Magazine looks at how the direction of the country is leaning more towards super rich and poor. The middle class is getting squeezed more and more, and becoming an endangered species.





Stock options explain disparity in income growth (aka rich get richer)

September 18, 2006

Summary: Typical wages for working class Americans have not grown at the proportional rate as productivity, yet the total amount paid out in salaries is also growing. The money must be going somewhere, and it’s not to the middle class. The Wall Street Journal shows that it’s going to the richer folks, mostly into their stock options.