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
Once again, Koch brothers cash will face off against a people-powered campaign in Wisconsin this November. The race is for a House seat in the first Congressional District, a seat now held by Paul Ryan. His challenger – the first serious challenge he's faced in 14 years in Congress – is Rob Zerban, a restaurateur and County Commissioner.
Everywhere I go during my campaign — parades, farmers markets, even the local deli — I keep hearing the same thing from Wisconsin voters. “We need real representation,” they tell me, “representation that’s focused on the people and what we need.”
"The message is clear: Paul Ryan must be held accountable for his 14 years of failed decisions"
"He had a minor in economics," Rob Zerban says of his opponent. "What experience does he have to say that he's the great budget oracle?" "The people of the First District can see where that budget impacts their lives. Their bridges start to crumble. We've got 16 bridges on federal highways alone in the district that have been declared structurally deficientm and that doesn't include county and local municipal bridges.
Typically during an election cycle, it often comes down to voting for the lesser of two evils. You choose the one who supports the issues most meaningful to you – or at least doesn’t outright defy them. It can be difficult to encounter a candidate who personifies the conviction and integrity you would imagine only in a perfect political world.
Today, Rob Zerban, Democratic Congressional challenger to Congressman Paul Ryan, released the following statement in response to the introduction of Paul Ryan’s FY2013 “Path to Poverty” budget.
“In yet another misguided handout to Wall Street at the expense of Main Street, Congressman Paul Ryan today introduced his latest budget plan, designed to place the blame for his 14 years of poor decisions squarely on the backs of our hardworking families.
When I began this campaign, I made a commitment to serve as a voice of the people- not of corporations.
I have been putting that into action. In the last few weeks, I have been working overtime to kickoff my campaign with rallies across the district.
The American Civil Liberties Union, Free Press and the Save the Internet campaign have made it clear that the Stop Online Piracy Act poses a genuine threat to human rights advocacy and whistleblowing on the Web.