Saturday, November 8, 2014

Death Of The Working Class In 12 Charts (Zerohedge)

 

Tyler Durden's picture

Submitted by Tyler Durden on 11/07/2014 21:00 -0500

 

Submitted by Thad Beversdorf via First Rebuttal blog,

They say a picture is worth one thousand words.  And so here’s a twelve thousand word equivalent essay that quite clearly depicts how the policies of the new millennium are shaping the new world order.  The powers that be have looked at these same charts, understand their implications and yet continue on the current path.  The objective then is clear.  The death of the working class.

With almost 100% of ‘savings’ having been forced into the stock market we are getting ever closer to what will be described as an epic collapse of wealth.  However, the more fitting description will be an epic and final transfer of wealth from the working class to the burgeoning aristocracy as assets are picked up for pennies on the dollar.  Pay particular attention to data from the end of the 1990′s through the new millennium.

median income

ycharts_chart-2

capextodiv

labourrates

real income by quintile

Screen Shot 2014-11-07 at 10.25.02 AM

food-stamp-participation

US satisfaction

Net_worth_and_financial_wealth

Screen Shot 2014-11-07 at 11.31.00 AM

suicide_rate_2001_2011

Screen Shot 2014-11-07 at 11.29.17 AM

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1 comment:

Anonymous said...

Republicans really blew the opportunity to tie what is happening to democrat policies. This is what liberalism IS.