1st time ever household incomes failed to increase for five straight years

[dajoki]

coincidence? i think not!! we aren't even feeling the effects of CAFTA yet. how about a LIVING WAGE, i doubt it. how about funding social programs for the poor, no just the opposite. tax cuts and loopholes for corporations and the wealthy, of course. and the middle class, what middle class? this administration has done more to seperate the rich from the poor than anyone in my lifetime.

NYThttp://www.nytimes.com/2005/08/31/national/31census.html?th&emc=th

U.S. Poverty Rate Was Up Last Year

By DAVID LEONHARDT
Published: August 31, 2005
WASHINGTON, Aug. 30 - Even as the economy grew, incomes stagnated last year and the poverty rate rose, the Census Bureau reported Tuesday. It was the first time on record that household incomes failed to increase for five straight years.

<<snip>>

The census's annual report card on the nation's economic well-being showed that a four-year-old expansion had still not done much to benefit many households. Median pretax income, $44,389, was at its lowest point since 1997, after inflation.

<<snip>>

After the report's release, Bush administration officials said that the job market had continued to improve since the end of 2004 and that they hoped incomes were now rising and poverty was falling. The poverty rate "is the last, lonely trailing indicator of the business cycle," said Elizabeth Anderson, chief of staff in the economics and statistics administration of the Commerce Department.

<<snip>>

But the biggest tax cuts went to high-income families already getting raises, Democrats said Tuesday. The report, they added, showed that the cuts had failed to stimulate the economy as the White House had promised.

"The growth in the economy is not going to families," said Senator Jack Reed, Democrat of Rhode Island. "It's in stark contrast to what happened during the Clinton administration."

[txaslftist]

1. There's another tipping point.

[Bob3]

2. to borrow a phrase "mission acomplished"

the rich get there's and everybody elses.

[dajoki]

3. you nailed it. n/t

[Double T]

4. The New World Order has taken over......

I wonder how much more sh_t the American people will take before a revolution will begin to materialize???

[CrispyQ]

5. Yeah, how much more????

I am so angry at the folks who still support the moran-in-chief but I am even more angry at our 'opposition' party who sit silently by voting for repuke measures that hurt the middle class. They are equally guilty & equally bought out by corporate interests.

Revolution is the right word here, cuz regime change isn't going to make much difference.

[dajoki]

7. i lost faith in our party...

a long time ago. i can't pinpoint when, it is probably the years of dissapointment. waiting for someone to step up and no one will.

[CrispyQ]

10. I'm there too, dajoki.

Recently I filled out a voter registration change of affiliation form. I simply cannot support a party where a number of members vote contrary to the good of the middle & lower classes -- enough members to pass bad bills.

[dajoki]

11. i admire your principles...

i just don't think a third party could be viable at this point in time. maybe in the future? i don't know, as long as there is so much money changing hands in D.C. and so many politicians with their hands out, nothing will change.

[dajoki]

6. we are just the sheep to them...

too many dumb fucks don't know any better.

[FreeStateDemocrat]

8. Do they still count homeless as being part of our society or not?

Wonder what the real numbers are since any government statistic is now very problematic to put in politely?

[dajoki]

9. these guys are good at fixing numbers...

if you get my drift.