America seems to have two economies operating. One for the wealthy and one for everyone else. The wealthy are doing as well as ever. Corporate profits are rising, taxes on the wealthy are at their lowest ever, and high-earner incomes are rising. For the rest of us, not so much. Everyday workers are experiencing wage-cuts or wage stagnation, layoff, furloughs, increased medical costs, and/or termination.
Tax increases are nowhere to be seen nor heard. Even though the richest are making as much as ever and paying the lowest amount of taxes ever, we can't ask them to pony up a few more bucks. Rich apologists whine, "If you tax more, the rich won't spend, they won't work as hard, they won't hire people." The administration of George W. Bush completely discredits this delusion. He was a tax-cutting fool, and he also presided over the worst job-creating presidency ever, yet the rich remained rich. It's everyone else that suffers.
At every turn, little by little, the policies - that have made the quality of life for American workers the ideal around the world - are being decimated. Pensions are disappearing, health care is expensively out of reach (and Republicans want to keep it that way), wages are declining, and retirement is further and further away. This is alongside the wealthy garnering a larger share of the pie by holding onto more of the gains of productivity and stacking the deck (with legislation and policy) in their favor.