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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 07:42 AM
Original message
U.S. Income Gap Has Doubled Since 1980 -


http://www.laborradio.org/node/5599

Economic Report: U.S. Income Gap Has Doubled Since 1980 - 03/30/07

Economic Report:

The United States is on the edge of an economic Grand Canyon. According to a report in the New York Times the top 300,000 Americans had almost as much income as the bottom 150 million combined. That is double the size of the income gap in 1980. The average income for those in the bottom 90 percent dipped in 2005 by $172 with gains going to the top 1 percent who saw a nice increase of more than $139,000 each on average.

AUDIO story here: http://www.laborradio.org/files/lo/winsheadlines.ram

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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 07:53 AM
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1. And yet it's "too expensive" to keep American workers, even these days.
Edited on Sat Mar-31-07 07:54 AM by HypnoToad
Is it just greed, or has somebody thinking in a long-term way none of us has?
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texpatriot2004 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 09:25 AM
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2. K & R nm
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 01:27 PM
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3. Recommended. It's all about the class war, but we're not supposed
to say that anymore.
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mnhtnbb Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 10:03 PM
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4. Hello? John Edwards, anyone?
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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-31-07 10:06 PM
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5. Tell this to the latest 3400 employee's getting fired from Circuit City... to be replaced by
lower income workers, you know the ones, (who do the work Americans don't want)
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