August 2, 2010

I Got Your Trickle-Down Economics Right HERE!!

OMG! President B. HUSSEIN O'Islama's liberal and socialist policies are redistribution of wealth!!!

Dubbed "median wage stagnation" by economists, the annual incomes of the bottom 90 per cent of US families have been essentially flat since 1973 – having risen by only 10 per cent in real terms over the past 37 years. That means most Americans have been treading water for more than a generation. Over the same period the incomes of the top 1 per cent have tripled. In 1973, chief executives were on average paid 26 times the median income. Now the ­multiple is above 300.
So much for the so-called "American Dream." And the middle class as well.

The Cuntservative Dream:
If you tax the rich, they won't be able to give you a job and instead the money will go a liberal who will just turn around and give it to some illegal alien. If you aren't rich, it's because you are lazy.

4 comments:

A World Quite Mad said...

Well, when you're filthy stinking rich, what better way to be even more rich if you can pay your workers shit. Means more profit for you!

My grandmother in the mid 1970s made five times the minimum wage, about $9.50 an hour, working in a factory. She also had retirement pension and health insurance for her retirement. They've shipped all of those jobs overseas now, so the CEOs can make more money. I have a college education and when I was employed (I'm unemployed at the moment because the company I worked for imploded) I only made about 2 and a half times the minimum wage. My grandmother didn't even have a high school education!

So there you have it. I guarantee you in ten years if things don't change, there will be no middle class at all in this country.

ThePoliticalCat said...

Nice work, Undie Lib. Thanks for keeping teh blog heartbeat going. It's great to come here for the occasional snarkgasm.

Undeniable Liberal said...

Ten years?

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