Newsflash:
Rep. Barbara Lee Economic and Social Justice The United States of Poverty and Inequality
Saturday, 22 February 2014 16:11

The United States of Poverty and Inequality

Written by  Jon Queally | Common Dreams
From 1979 to 2011, the average income of the bottom 99 percent of U.S. taxpayers grew by 18.9 percent, while the average income of the top 1 percent grew over 10 times as much—by 200.5 percent. (Image: Common Dreams) From 1979 to 2011, the average income of the bottom 99 percent of U.S. taxpayers grew by 18.9 percent, while the average income of the top 1 percent grew over 10 times as much—by 200.5 percent. (Image: Common Dreams)

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:

  • In four states (Nevada, Wyoming, Michigan, and Alaska), only the top 1 percent experienced rising incomes between 1979 and 2007, and the average income of the bottom 99 percent fell.
  • In another 15 states the top 1 percent captured between half and 84 percent of all income growth between 1979 and 2007. Those states are Arizona (where 84.2 percent of all income growth was captured by the top 1 percent), Oregon (81.8 percent), New Mexico (72.6 percent), Hawaii (70.9 percent), Florida (68.9 percent), New York (67.6 percent), Illinois (64.9 percent), Connecticut (63.9 percent), California (62.4 percent), Washington (59.1 percent), Texas (55.3 percent), Montana (55.2 percent), Utah (54.1 percent), South Carolina (54.0 percent), and West Virginia (53.3 percent).
  • In the 10 states in which the top 1 percent captured the smallest share of income growth, the top 1 percent captured between about a quarter and just over a third of all income growth. Those states are Louisiana (where 25.6 percent of all income growth was captured by the top 1 percent), Virginia (29.5 percent), Iowa (29.8 percent), Mississippi (29.8 percent), Maine (30.5 percent), Rhode Island (32.6 percent), Nebraska (33.5 percent), Maryland (33.6 percent), Arkansas (34.0 percent), and North Dakota (34.2 percent).

Link to original article from Common Dreams

Read 6220 times

ERA Legislation in your State

Unratified states Gold - Ratified States Purple

Latest News from the Lee Campaign

Latest News from the Grayson Campaign

Latest News from the Schapira Campaign

  • Standard-Bearer in Pivotal Arizona Congressional Race
    Standard-Bearer in Pivotal Arizona Congressional Race

    With early ballots in the mail, and only three weeks from the August 28th primary, State Senator David Schapira has emerged as the Democratic standard-bearer in a closely watched and increasingly nasty three-way congressional race in Arizona that many observers see as a litmus test for national Democratic chances to pick up critical seats in Congress.

    Written on Thursday, 09 August 2012 01:45 Read more...
  • Harry Mitchell Endorses David Schapira for Congress
    Harry Mitchell Endorses David Schapira for Congress

    “The primary in Congressional District 9 has pitted three of the brightest members of the Democratic Party in Arizona against each other. All three candidates are leaders in our state and I am honored to call them friends.

    Written on Thursday, 26 July 2012 12:14 Read more...
  • A Guest Post From Arizona Progressive State Senator David Schapira
    A Guest Post From Arizona Progressive State Senator David Schapira

    Endorsements are a funny thing. Most of them aren't worth anything at all. I have two friends running in the Democratic primary in Arizona's brand new 9th CD, Kyrsten Sinema and Andrei Cherny. Kyrsten is a progressive and Andrei is somewhere in his own world ideologically. But the third guy... well, he's the one who's been endorsed by Raúl-- and by PDA. Whomever wins the August 28th primary is, likelier than not, headed to Congress. That third guy is David Schapira, the Senate Democratic Leader.

    Written on Saturday, 30 June 2012 13:38 Read more...
  • David Schapira Receives PDA Endorsement
    David Schapira Receives PDA Endorsement

    On the May Inside the Party call, David Schapira (AZ-9) received the PDA National endorsement. Currently David Schapira is the Arizona State Senate Democratic Leader.

    Written on Thursday, 24 May 2012 00:00 Read more...
  • Arizona Communications Workers of America State Council Endorses David Schapira for Congress
    Arizona Communications Workers of America State Council Endorses David Schapira for Congress

    The Arizona Communications Workers of America (CWA) State Council announced today their endorsement of Senate Democratic Leader David Schapira, D-Tempe, in the race for Arizona’s Ninth Congressional District. The state council is comprised of the Arizona Correctional Peace Officers Association (AZCPOA), the Association of Flight Attendants-CWA and multiple CWA local affiliates.

    Written on Thursday, 17 May 2012 19:55 Read more...
  • Congressman Raúl Grijalva Endorses David Schapira
    Congressman Raúl Grijalva Endorses David Schapira

    Congressman Raúl Grijalva, AZ-07, today announced his endorsement of Arizona Senate Democratic Leader David Schapira, D-Tempe, in his campaign for Arizona’s Ninth Congressional District. “Voters are looking for candidates who stand up for what they believe in and can win, not by hiding their values, but by sharing them with voters. David is that candidate,” said Rep. Grijalva.

    Written on Monday, 30 April 2012 00:00 Read more...
  • Arizona Union Rights Stripped

    Arizona Governor Jan Brewer pushes the country's most anti-union agenda yet. David Shapira, Democratic leader of the Arizona state senate, slams his Republican colleagues. Welcome back to "The Ed Show." Jan Brewer and the Arizona Republicans are on a tear. they are on the offensive. they are on a mission to completely destroy public employee unions. have you heard the story before?

    Written on Thursday, 02 February 2012 00:00 Read more...
  • State Senator David Schapira Jumps Into District 9 Congressional Race
    State Senator David Schapira Jumps Into District 9 Congressional Race

    As predicted, former state Senator Kyrsten Sinema's not the only Democrat with her eye on Arizona's new Congressional seat -- this morning, state Senate Minority Leader David Schapira announced that he, too, will run in Arizona's newly formed 9th Congressional district.

    Written on Tuesday, 17 January 2012 00:00 Read more...

Sign the Petition - Sen. Sanders Run as a Democrat in 2016

Button-SandersPetition

Like Rep. Barbara Lee

Lori Wallach on the TPP from PDA Progressive Roundtable

Progressive Roundtable with Reps. Ellison and Pocan and Lori Wallach on TPP

TPP: The Biggest Threat to the Internet You've Probably Never Heard Of