New report shows that no matter which state you live in, the 1% are making even more gains as the rest fall back
Over the last three decades the wealth of the nation's very richest 1% has grown ten times that of the average worker and over that time period that same tiny elite has captured more than half of the entire income increases, leaving the bottom 99% to divide the remaining gains.
This is all based on a new state-level study, The Increasingly Unequal States of America: Income Inequality by State, which looks at how inequality has seized hold of the national economy both in the generation leading up to the great recession of 2008 and in the several years following where a so-called "recovery" was experienced by the financial elite while the majority of U.S. population continues to claw its way back.
“The levels of inequality we are seeing across the country provide more proof that the economy is not working for the vast majority of Americans and has not for decades,” said Mark Price, an economist at the Keystone Research Center, who co-authored the report on behalf of the Economic Analysis and Research Network (EARN). “It is unconscionable that most of America’s families have shared in so little of the country’s prosperity over the last several decades.”
Check out the interactive state-by-state map on inequality generated by the study's authors.
Numerous studies in recent years have exposed the persistent pattern of income and wealth inequality in the United States, but as Price's co-author Estelle Sommeiller explains, “our study shows that this one percent economy is not just a national story but is evident in every state, and every region.”
Though some states show higher levels of inequality, the pattern nationally is firm. What is also made clear by the study is the degree to which specific policies--including the writing of tax law, the climate set for labor conditions, and the setting of wages--have all contributed directly to this pattern where those at the very top benefit from a growing economy and those at the bottom receive increasingly less reward for their hard work.
“It’s clear that policies were set to favor the one percent and those policies can, and should, be changed,” Doug Hall, director of the EARN program said. “In order to have widespread income growth, bold policies need to be enacted to increase the minimum wage, create low levels of unemployment, and strengthen the rights of workers to organize.”
Among the report's key findings:
Link to original article from Common Dreams
On Thursday, a group of Democratic lawmakers proposed a law to establish a Code of Conduct for the Supreme Court.
It’s surely to have Supreme Court Justices Thomas and Scalia quaking in their Tea Party boots because it would mean they would actually have to be independent of political and other influences. They would also have to have the appearance of independence. They would have to stay away from political activity. That part would be really hard.
On June 23rd the State Senate passed AJR 1, making California the second state in the union to officially call for an Article V constitutional convention for the sole purpose of passing a United States constitutional amendment that would effectively overturn Citizens United v. FEC and limit the corrupting influence of money in our electoral process.
A new organization called ExposeFacts—backed by well-known source of The Pentagon Papers Daniel Ellsberg—is debuting itself in Washington, DC on Wednesday as a new place where government and corporate employees aware of wrongdoing can more safely and securely report their concerns.
The telecommunications industry is creating and funding front groups which pose as consumer organizations and aggressively lobby to kill net neutrality, journalist Lee Fang revealed in an article published in Vice on Friday.
It’s a sad state of affairs when a country that touts freedom of the press depends upon cable TV comedy shows to hear the real news.
Why the Supreme Court’s McCutcheon ruling is good news for the super-rich and bad news for progressive Democrats.
At the 2012 Conservative Political Action Conference, a conservative election lawyer and a baby-faced electrical engineer from Alabama with a made-for-TV Southern drawl began plotting how to unravel federal campaign finance regulations.
This is an idea worth spreading - so - please watch & share with 5 or 10 friends. It’s important to get money out of politics and the average person back in. Also - leave a message on the YouTube and let TED know - this is one of the most important issues of the day."
The U.S. Chamber of Commerce is, as they boast on its website, the world's largest business organization, as well as the nation's largest corporate lobbying group. It is also a recipient of some of the largest amounts of so-called "dark" money in the country, refusing to disclose to the public its donors or even the amounts it receives.
Citizens United is not just the default reference for US Supreme Court decisions—including the 2010 Citizens United v. Federal Election Commission ruling—that have ushered in a new era of corporate dominance of American elections. It’s the name of the conservative group that encouraged Chief Justice John Roberts and the most activist Court majority in American history to tear the heart out of what were already weak campaign finance laws.
PITTSFIELD -- Their signs read "Get Big Money Out of Politics," "Democracy Is Not For Sale" and "This Is What Plutocracy Looks Like." About a dozen of them stood in Park Square on Wednesday evening, one of 130 "rapid response events" coordinated nationwide to protest that morning's Supreme Court decision in McCutcheon v. FEC.
Any doubts about the determination of an activist United States Supreme Court to rewrite election rules so that the dollar matters more than the vote were removed Wednesday, when McCutcheon v. Federal Election Commission was decided in favor of the dollar.
Sam Bell is in the third year of a PhD program in geology at Brown University. Geology as in rocks. But Bell also moonlights as the the state coordinator of The Rhode Island Progressive Democrats, the state affiliate of the 10-year-old Progressive Democrats of America. And in his work with The Rhode Island Progressive Democrats, Bell was instrumental to the investigation that ultimately led to the National Rifle Association paying the second largest campaign finance fine in the state's history.
Postal workers are giving it their all this holiday season, as cards and packages and returns must be collected and delivered amidst ice storms, snowstorms and wild temperature drops.
They deserve our thanks in 2013.
And our support in 2014.
Thanks to a loophole that subsidizes CEO pay, McDonald's, Yum Brands, Wendy's, Burger King, Domino's, and Dunkin' Brands trimmed $64 million from their tax bills in 2011 and 2012.
The fast food industry is notorious for handing out lean paychecks to their burger flippers and fat ones to their CEOs. What’s less well-known is that taxpayers are actually subsidizing fast food incomes at both the bottom — and top — of the industry.
In December 1972, I was part of a nationwide campaign that came tantalizingly close to getting the U.S. Senate to reject Earl Butz, Richard Nixon's choice for secretary of agriculture. A coalition of grass-roots farmers, consumers and scrappy public interest organizations (like the Agribusiness Accountability Project that Susan DeMarco and I then headed) teamed up with some gutsy, unabashedly progressive senators to undertake the almost impossible challenge of defeating the cabinet nominee of a president who'd just been elected in a landslide.
Progressive voices were heard loud and clear at Saturday’s Arizona Democratic Party (ADP) State Committee Meeting in Maricopa, Arizona.
Unlike some past ADP meetings where progressives were ignored or where progressive resolutions were tabled and not heard by the full ADP membership, the Maricopa meeting was dominated by progressives.
Tucson is one of the most impoverished cities in the country—for many reasons. The Arizona Legislature—driven by the American Legislative Exchange Council (ALEC) and short-sighted, “small government” ideology—has routinely swept funds earmarked for counties and cities to “balance” the state’s budget or fund pet projects like lower corporate taxes. Beyond the Legislature’s negative impact on Baja Arizona, the Tucson economy is not diversified enough. Manufacturing is nearly non-existent in Southern Arizona. There is an over-reliance on defense spending, University of Arizona spin-offs, tourism, low-wage service jobs, and growth/development.
MoveOn.org Petition - Congress Don't Renew Fast Track
Public Citizen Petition - Congress Must Reject Fast Track Authority
MoveOn.org Petition - Stop the Trans Pacific Partnership
CREDO Petition - Stop the Massive Corporate Power Grab
Enter your zip+4 and find your elected officials. This link provides name, address and phone number