The U.S. Economy In 6 Simple Pictures
Posted by Warm Southern Breeze on Wednesday, January 28, 2015
It’s fairly explanatory. American corporations are making profits hand over fist. They’re making more profit now, than before the “Great Recession.” In fact, they’re making more than DOUBLE from their lowest during that time.
Again, this one’s self-explanatory. The average household has lost income since the late 1990’s. In fact, they’ve lost nearly $5000 since then. The levels being earned now are are the same as they were 20 years ago.
Again, fairly self-explanatory. Employees are being paid less than they were in 1970, when it reached an all-time high. Comparatively speaking, they’re being paid at rates they were earning around 1945.
Same thing here. Employees are earning less. And, the rate has fallen continuously since 1970.
Things AREN’T getting any cheaper. Seriously. For all the hype about “making things cheaper” and all the specious claims made about lower prices from increased production… it’s a load-full of hooey.
You’re paying more Income Taxes than Corporations. A HELL of a lot more. Almost THREE times as much. Some folks call that “Corporate Welfare,” because taxes have been cut & slashed on Multi-National Corporations and their über wealthy owners & masters. In other words, you’re being triple overburdened, and Corporations are getting off scot-free. How does that make you feel?