Showing posts with label middle-class. Show all posts
Showing posts with label middle-class. Show all posts

Tuesday, May 19, 2020

Midweek Reading

Bryan Adams apologises after 'bat eating' coronavirus rant
Rand Paul Tells Dr. Anthony Fauci He Should Have a Little “Humility"
Gov. Tony Evers: GOP Leaders 'Unconcerned' About Patchwork Of COVID-19 Response How the Coronavirus is Killing the Middle Class Trump calls coronavirus testing ‘overrated,’ claims U.S. would have ‘very few’ cases if no testing Politicians failed us. So it's up to citizens to protect Wisconsin We could stop the pandemic by July 4 if the government took these steps The Great Lakes are higher than they’ve ever been, and we’re not sure what will happen next The 12 deadliest viruses on Earth See which states still have increasing rates of COVID-19

Sunday, January 31, 2016

Union Decline Leads To Wage Decline For All

5 States Where the Middle Class Is Being Destroyed
Wisconsin: -5.7% 
The clear winner (or loser) in the race to the bottom has been Wisconsin, losing 5.7% of its middle class households since 2000. Average median income has dropped by roughly $9,000 annually, and costs of living have gone up as well. There have also been many political battles that have not worked in the middle class’s favor. Governor Scott Walker gutted many of the state’s unions — which has a big effect on the middle class — and all signs seem to indicate that he will aim to implement similar policies. Like Ohio, Wisconsin’s makeup was particularly vulnerable to a recession, and the proof is in the numbers.
Union Membership In Wisconsin Plummets In Wake Of GOP Measures
In 2015, 8.3% of Wisconsin workers, or 223,000 in all, were members of unions. That was down sharply from the 306,000 people, or 11.7% of the state’s workforce, who belonged to unions in 2014.

For Further Reading:

CEO Pay, Unionization & The Middle Class
Unions, Public Sector & Wages

Saturday, November 1, 2014

Weekend Reading

As Divider-In-Chief, Gov. Scott Walker Is A Roaring Success
Everything You Think You Know About The News Is Probably Wrong
Around the world, people have a pretty good sense of the life expectancy of their country’s inhabitants. 
When it comes to most other social statistics, they have no idea. 
That’s the conclusion to be drawn from a study of public perception in 14 countries by Ipsos MORI, a UK-based market research firm. Ipsos polled over 11,000 residents in total about a range of social factors—from immigration to teen pregnancy to religious demographics. Here is the overall “Index of Ignorance,” from least to most informed: 
1. Italy
2. US
3. South Korea
4. Poland
5. Hungary
6. France
7. Canada
8. Belgium
9. Australia
10. Great Britain
11. Spain
12. Japan
13. Germany
14. Sweden
Southwest Airlines Transforms Air Service In Milwaukee


The Blame The Teachers Game: Has Any One Heard Of The South
Tax Foundation Ranks Wisconsin's Tax Climate 43rd In U.S.


Increase Wisconsin's Minimum Wage
Is The Affordable Care Act Working?
State Moving Forward On Hill Farms Land Sale, Redevelopment
Hill Farms Redevelopment Called Potential 'Backroom Deal'
The 10 Most Expensive State Programs
Car Dealers Are Awful. It's Time To Kill The Dumb Law That Keep Them In Business
7 Mental Biases That Could Impact How You Invest
Are 401(K) Plans Setting Up Millennials For Pain?
Economists Say We Should Tax The Rich At 90 Percent
10 Facts You May Not Know About The Federal Budget


All The Wealth The Middle Class Accumulated After 1940 Is Gone



Exploding Wealth Inequality In United States
Obama Is A Republican

Saturday, February 11, 2012

CEO Pay, Unionization & The Middle Class

Union Membership Since 1983


Union Affiliation, Private Industries & Government


Union Membership Rate By State


Union Membership; Middle Class Share of Income


As union membership declines, so does the middle class.

Further Reading - Unionization:

Ratio CEO Compensation To Average Worker


The Top 1 Percent's Share of National Income



Further Reading - CEO Pay:
America's 25 Highest Paid CEOs
CEO Pay
The CEO Pay Slice
CEO Pay Took Off While Middle Class Struggled
CEOs Distance Themselves From Average Worker
Corporate Paywatch
Pay Disparity Ratio
Wall Street Ascendant
Wall Street Class Racket

U.S Median Household Income


Further Reading - Inequality:

Sunday, December 18, 2011

Free-Falling

David Rohde has an interesting article up over at the Atlantic, Free-Falling In Milwaukee.

Excerpt:

"First, the numbers. From 1970 to 2007, the percentage of families in the Milwaukee metropolitan area that were middle class declined from 37 to 24 percent, according to a new analysis by the Southeastern Wisconsin Regional Planning Commission. During the same period, the proportion of affluent families grew from 22 to 27 percent-while the percentage of poor households swelled from 23 to 31 percent. In short, Milwaukee's middle class families went from a plurality to its smallest minority."