Layoffs continue amidst economic stagnation
By Gabriel Black
20 June 2015
Thousands have been laid off in the past two months as employers continue to pursue job cuts internationally to preserve profits in the stagnant global economy.
INCOME
PLUMMETS UNDER OBAMA AND HIS WALL STREET CRONIES
collapse of household income in the US… STILL BILLIONS IN
WELFARE HANDED TO ILLEGALS… they already get our jobs and are voting for more!
INCOME PLUMMETS UNDER OBAMA… most jobs go to
illegals.
AS
HIS CRONY BANKSTERS CONTINUE TO LOOT, INCOMES PLUMMET FOR AMERICANS (LEGALS).
GOOD
TIME FOR AMNESTY FOR MILLIONS OF LOOTING MEXICANS?
MORE HERE:
http://mexicanoccupation.blogspot.com/2014/09/and-still-democrat-party-wants-millions.html
“The yearly income of a typical US household dropped by a
massive 12 percent, or $6,400,
in the six years between 2007 and 2013. This is
just one of the findings of the 2013 Federal
Reserve Survey of Consumer
Finances released Thursday, which documents a sharp decline
in working class
living standards and a further concentration of wealth in the hands of the
rich
and the super-rich.”
MORE OBAMA
DREAM ACTS of WELFARE for ILLEGALS?
"We could cut
unemployment in half simply by reclaiming the jobs taken by illegal
workers," said Representative Lamar Smith of Texas, co-chairman of the
Reclaim American Jobs Caucus. "President Obama is on the wrong side of the
American people on immigration. The president should support policies that help
citizens and legal immigrants find the jobs they need and deserve rather than
fail to enforce immigration laws." REP. LAMAR SMITH
The danger, as Washington
Post economics columnist Robert Samuelson
argues, is that of “importing
poverty” in the form of a new underclass—a
permanent group of working poor.
FEDS PREDICT
SOARING UNEMPLOYMENT UNTIL PAST 2015… Good time for amnesty?
THE OBAMA ASSAULT
ON OUR PENSIONS
BIGGER PROFITS FOR
HIS WALL STREET DONORS IF PENSIONS ARE SLASHED
“Feinberg, who as the
Obama administration’s “pay tsar” rubber- stamped
multimillion-dollar executive bonuses to Wall Street banks bailed out with taxpayer funds,
will now be given power to slash workers’ benefits at his discretion.”
OBAMA-CLINTONomics:
the never end war on the American middle-class. But we still get the tax bills
for the looting of their Wall Street cronies and their bailouts and billions
for Mexico’s welfare state in our borders.
While the wealth of
the rich is growing at a breakneck pace, there is a stratification of growth
within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw
their wealth increase 11 percent in one year alone. Collectively, these
households owned $10 trillion in 2014, 6 percent of the world’s private wealth.
According to the report, “This top segment is expected to be the fastest
growing, in both the number of households and total wealth.” They are expected
to see 12 percent compound growth on their wealth in the next five years.
In 2014 the
Russell Sage Foundation found that between
2003 and 2013, the median household net worth of those in
the United States fell from $87,992 to $56,335—a drop of 36
percent. While the rich also saw their wealth drop during the
recession, they are more than making that money back.
Between 2009 and 2012, 95 percent of all the income gains in
the US went to the top 1 percent. This is the most distorted
post-recession income gain on record.
2003 and 2013, the median household net worth of those in
the United States fell from $87,992 to $56,335—a drop of 36
percent. While the rich also saw their wealth drop during the
recession, they are more than making that money back.
Between 2009 and 2012, 95 percent of all the income gains in
the US went to the top 1 percent. This is the most distorted
post-recession income gain on record.
OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.
The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.
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