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SOTU: Economy Has Benefited Only The Rich

Bush said: “Wages are up, but so are prices for food and gas.”

FACT — HIGH-END INCOMES INCREASED ASTRONOMICALLY: Income inequality grew significantly in 2005, with the top 1 percent of Americans — those with incomes that year of more than $348,000 — receiving their largest share of national income since 1928. [NYT, 3/29/07]

FACT — LOW INCOME-EARNERS SAW MARGINAL WAGE GROWTH. “The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans … On average, incomes for the top 1 percent of households rose by $465,700 each, or 42.6 percent after adjusting for inflation. The incomes of the poorest fifth rose by $200, or 1.3 percent, and the middle fifth increased by $2,400 or 4.3 percent.” [NYT, 12/15/07]



6 Responses to “SOTU: Economy Has Benefited Only The Rich”

  1. 99Luf Balloons says:

    Someone PLEASE stand up on the floor of the chamber and SCREAM
    YOU FU(KING TRAITOR!!!!!!


  2. kimmy says:

    If I was rich, I would vote for him.
    I am not.
    Impeach.


  3. 99Luf Balloons says:

    The 3 words I want the next Prez to say as his/her first words after being sowrn in…
    ARREST THESE MEN.


  4. 99Luf Balloons says:

    Whitehouse IS TAKING CALLS NOW.
    1-20-456-1111


  5. flavorino says:

    i can’t even watch the SOTU. It is that nauseating. The applause for the idiot-in chief and Cheney and Pelosi sitting there with those plastic smiles frozen on their faces was more than I could take.
    People should be throwing rotten tomatoes at the lowlife lying sociopath and his cronies and enablers, not applauding the criminal.

    Btw, 5 soldiers were killed today in Iraq. Who were they? Did they leave kids, wives, parents behind? what were their stories?
    The Corporate American media doesn’t give a s***.
    They are just faceless nobodies….bodies to serve and feed the machine
    WAIT BREAKING NEWS!! MISSING COED!!………BRITNEY DRINKS LIGHTER FLUID AND COUGH MEDICINE COCKTAIL!!


  6. Sabyen91 says:

    Wages are up? Any of you trolls want to back up that obvious lie?



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