Sunday, October 23, 2011

The 99 percent

Or as Herman Cain would call us "looooooooosers":
Fifty percent of U.S. workers earned less than $26,364 last year, and those earning less than $200,000 per year - roughly 99 percent of Americans - saw their earnings fall a collective $4.5 billion. There were fewer jobs, and overall pay was trending down -- except for the nation's wealthiest, who saw a boost. While the incomes of the top 1percent of the country rose slightly in 2010 (from $1,909,874 in 2009 to $2,196,124 last year), their collective wage earnings rose dramatically, by about $120 billion.
It almost makes you think there should be protesters or something. (h/t AmericaBlog)

5 comments:

Malacylpse said...

While the incomes of the top 1percent of the country rose slightly in 2010 (from $1,909,874 in 2009 to $2,196,124 last year),

That's a 10% rise in one year. That word "slight" does not mean what the author thinks it means.

Anonymous said...

It almost makes you think there should be protesters or something

You mean like guillotines?

DrDick said...

Urk! That was me at 8:50am.

StonyPillow said...

While the average U.S income last year was $39,959, the mean income -- the figure where half earn more and half earn less -- was much lower, $26,364.

Although the statement is technically incorrect (the author obviously refers to median income), the data itself indicates a lot of plain old meanness on the part of the 1%. So I'll give AP (AllPropaganda) a pass this time.

pansypoo said...

as an artist SELLING to the 99%, I AM FUCKING SICK OF GEORGEE ECONOMIES!!!!

I WANT NO MORE TAX CUTS !!!!!!11111!!! fuck. OFF WITH THEIR HEADS GODDAMMIT!