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Forum Post: Economic Equity/Fairness. Let's Understand Why!

Posted 2 years ago on Sept. 21, 2012, 5:13 p.m. EST by VQkag2 (16478)
This content is user submitted and not an official statement

http://www.nationofchange.org/lost-decade-middle-class-caused-conservative-policies-1347456685

A ‘Lost Decade’ for the Middle Class Caused by Conservative Policies

The latest edition of the Economic Policy Institute's "State of Working America" report, out today, documents in sharp detail what has been for the middle-class economy a "lost decade" in which working people have fallen behind. But what's more disheartening is its prediction that without radical change "nearly two decades likely will pass before American incomes regain lost ground and return to their 2000 levels."

The report makes clear what has been robbed from low- and middle-income people as a result of conservative policies that have their roots in the early 1980s, as the country turned from balanced growth policies in which labor and capital profited more or less in tandem to government policies that advantaged corporations and the wealthy at the expense of workers.

As a result of these policies, the report notes, "the business cycle preceding the recession [of 2008-2009] was already shaping up as a lost decade for American

incomes," with median household incomes falling 6 percent during that period. But when the Great Recession hit, median income of working-age families fell another 7.1 percent between 2007 and 2010.

13 Comments

13 Comments


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[-] 2 points by DKAtoday (26671) from Coon Rapids, MN 2 years ago

May I suggest a correction?

Instead of : "A ‘Lost Decade’ for the Middle Class Caused by Conservative Policies"

It might be more accurate to say = A ‘Lost Decade’ for the Middle Class Caused by CorpoRATions & CorpoRATist's manipulating the Conservative Policies through the RINO party members in office as well as with the help of some DINO's in office.

[-] 2 points by VQkag2 (16478) 2 years ago

I think that might provide some cover for the architects (pro 1% plutocrats conservatives) of all our problems. I do agree this article might be ignoring those dems who have failed when they support pro 1% plutocrat conservative policies and including something in that regard would be fair.

However, you know I am an anti conservative partisan. And although I agree with the title I did not write it or the title.

So it will have to stand on it's own.

Perhaps it's anti conservative slant might be the reason it has gotten little attention. So be it.

Peace

[-] 1 points by DKAtoday (26671) from Coon Rapids, MN 2 years ago

No problem. Just had to add my view. {:-])

[-] 2 points by VQkag2 (16478) 2 years ago

Always much appreciated dude.!

Peace

[-] 1 points by VQkag2 (16478) 1 year ago

Replace anti economic equity conservatives w/ pro economic fairness progressives!

[-] 1 points by 99nproud (2697) 2 years ago

Vote them out

[-] 2 points by VQkag2 (16478) 2 years ago

That would be good.

Replace them with pro 99% progressives, & protest for real change thatwill benefit the 99%

[-] 1 points by 99nproud (2697) 2 years ago

Protesting is the most difficult action to maintain.

[-] 2 points by VQkag2 (16478) 2 years ago

And the most powerful. And the most important.

[-] 0 points by 99nproud (2697) 2 years ago

OWS has been slowing down a bit but they have the right approach.

[-] 2 points by VQkag2 (16478) 2 years ago

Grow the movement!

[-] 0 points by 99nproud (2697) 2 years ago

wake up the sleeping lemmings

[-] 1 points by VQkag2 (16478) 2 years ago

wake 'em up, and get 'em on the street.