Attack on the Middle Class (While The Poor Has Already Been Sent to Hell!)

Tax cut for the rich and effective tax increase for the rest:

- Tax cut for the rich (fortune 400 in the U.S. own more assets than half the population of the United States combined) = more wealth

- Federal employees get a salary freeze for the next five years = less wealth

- Teachers, fire fighters and police forces among other public servants have to increase their contribution towards health care and other benefits = less wealth

- Typical earnings of Native Americans in California are around $24,000; in Minnesota, they are about $16,000.

- In the last 25 years, the richest American households doubled their assets (from an average of $9.2 million to $18.5 million), while 2 in 5 households lost ground (from an average of $5,600 to $2,200).
While the typical white worker in the Atlanta, Georgia metro area earns about $39,000, the typical Latino worker earns about half as much.

- The wealthiest 20% of U.S. households have slightly more than half of the nation’s total income. The poorest 20% have 3.4% of total income.

- The wealth of the top 1% of households rose, on average, 103%from 1983 to 2007. Wealth in the poorest 40% of households dropped 63% during the same period.

- For every $1 of net worth whites have, Latinos have 12 cents, and African Americans have 10 cents.

These are only a few recent examples. I can list hundreds of such policies and regulations, old and new, that effectively are regulating transfer of wealth from the poor to the rich on a daily basis. Take a look at the below graphs and judge for yourself. Is this not outrageous? And why are we not saying a word?
 




http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph







Source: Institute for Policy Studies

Source: NYT







http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4#the-gap-between-the-top-1-and-everyone-else-hasnt-been-this-bad-since-the-roaring-twenties-1