Dec. 10, 2012 at 9:55pm with 119 notes
Reblogged from robertreich
Robert Reich: As Washington Fiddles over the Fiscal Cliff, the Real Battle Over Inequality Is Happening in the Heartland
Washington has a way of focusing the nation’s attention on tactical games over partisan maneuvers that are symptoms of a few really big problems. But we almost never get to debate or even discuss the big problems because the tactical games overwhelm everything else.
The debate over the…
Jun. 14, 2012 at 5:54pm with 38 notes
Reblogged from bohemiansouth
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Can I say this any more simply? The earnings of the great American middle class fueled the great American expansion for three decades after World War II. Their relative lack of earnings in more recent years set us up for the great American bust.
Apr. 23, 2012 at 10:14pm with 19 notes
Reblogged from bellemaddox
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The Constitution, then, illustrates the complexity of the American system: that it serves the interests of a wealthy elite, but also does enough for small property owners, for middle-income mechanics and farmers, to build a broad base of support. The slightly prosperous people who make up this base of support are buffers against the blacks, the Indians, the very poor whites. They enable the elite to keep control with a minimum of coercion, a maximum of law - all made palatable by the fanfare of patriotism and unity.
Feb. 6, 2012 at 10:57pm with 14 notes
Reblogged from tartantambourine
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The percent of Americans in poverty is its highest in two decades, and more of us are impoverished than at any time in the last fifty years. A recent analysis of federal data by the New York Times showed the number of children receiving subsidized lunches rose to 21 million in the last school year, up from 18 million in 2006-2007. Nearly a dozen states experienced increases of 25 percent or more. Under federal rules, children from famlies with incomes up to 130 percent of the poverty line, $29,055 for a family of four, are eligible.