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Nine Economic Facts That Will Make Your Head Spin

Nine Economic Facts That Will Make Your Head Spin | Coffee Party News | Scoop.it

by Lynn ParramoreAlterNet


Half the population of the US has slipped into poverty or is barely making enough to get by.

How much will you need for medical expenses in retirement? What does it cost to keep 2.5 million Americans behind bars? Here are a few facts and figures that might surprise you.

1. Recovery for the rich, recession for the rest.
Economic recovery is in rather limited supply, it seems. Research by economist Emmanuel Saez shows that the top 1 percent has enjoyed income growth of over 11 percent since the official end of the recession. The other 99 percent hasn’t fared so well, seeing a 0.4 percent decline in income.

The top 10 percent of earners hauled in 46.5 percent of all income in 2011, the highest proportion since 1917 – and that doesn’t even include money earned from investments. The wealthy have benefitted from favorable tax status and the rise in stock prices, while the rest have been hit with a continuing unemployment crisis that has kept wages down. Saez believes this trend will continue in 2013.
 

2. Half of us are poor or barely scraping by.

The latest Census Bureau data shows that one in two Americans currently falls into either the “low income” category or is living in poverty. Low-income is defined as those earning between 100 and 199 percent of the poverty level. Adjusted for inflation, the earnings for the bottom 20 percent of families have dropped from $16,788 in 1979 to just under $15,000. Earnings for the next 20 percent have been stuck at $37,000.

States in the South and West had the highest proportion of low-income families, including Arizona, New Mexico and South Carolina, where politicians are eagerly shredding the social safety net. [MORE]


Coffee Party USA's insight:

Here is an outline with a discussion of what the austerity and inequity in our economy are doing to us. A very simple and to the point list that all conscienious citizens should give serious thought to.

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Overturn Citizens United!

Overturn Citizens United! | Coffee Party News | Scoop.it
Sign your name below and join the tens of thousands of Americans who've told their congressmen, senators, and state legislators to move forward on a constitutional amendment controlling political spending!
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Eyewitnesses: "The Baltimore Riots Didn't Start the Way You Think" - Mother Jones - I Take LIBERTY With My Coffee

Eyewitnesses: "The Baltimore Riots Didn't Start the Way You Think" - Mother Jones - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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LAPD Officer Sues City Over Retaliation To Resisting Ticket Quotas

LAPD Officer Sues City Over Retaliation To Resisting Ticket Quotas | Coffee Party News | Scoop.it
An LAPD officer is suing the city, alleging he was assigned to desk duty and demoted because he complained about having to meet a traffic citation-writing quota.
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Joshua S. Resch's curator insight, May 1, 5:08 PM

LAPD officers are starting to retaliate against ticket quotas, because it leads to racial profiling which some say goes hand and hand with controlling images. 

 

How does one change the controlling images, first recognizing that stereotypes lead to racial profiling, and racial profiling leads to controlling images.

 

This article depicts on how the LAPD which has been growing heavily diversified, which is only furthering the californian myth of racial-equality. I do wonder if they can really pull it off, rooting for CALI!

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Sen. Rand Paul Blames Baltimore Protests Lack of Fathers, Lack of Moral Code - I Take LIBERTY With My Coffee

Sen. Rand Paul Blames Baltimore Protests Lack of Fathers, Lack of Moral Code - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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Shep Smith Rebukes "The Five" Baltimore Coverage - I Take LIBERTY With My Coffee

Shep Smith Rebukes "The Five" Baltimore Coverage - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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BREAKING ALERT: #BALTIMORE 2:00AM EST IMPORTANT INFORMATION

BREAKING ALERT: #BALTIMORE 2:00AM EST IMPORTANT INFORMATION | Coffee Party News | Scoop.it
Must read if you are in Baltimore. ALT MEDIA IN AREA MUST READ.Read more →
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The Language of the Unheard - I Take LIBERTY With My Coffee

The Language of the Unheard - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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But it is not enough for me to stand before you tonight and condemn riots. It would be morally irresponsible for me to do that without, at the same time, condemning the contingent, intolerable conditions that exist in our society. These conditions are the things that cause individuals to feel that they have no other alternative than to engage in violent rebellions to get attention. And I must say tonight that a riot is the language of the unheard.

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Baltimore Protests April 25, 2015 - I Take LIBERTY With My Coffee

Baltimore Protests April 25, 2015 - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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He Died and the Police Lied About It. Again! - I Take LIBERTY With My Coffee

He Died and the Police Lied About It. Again! - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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Detaining and Jailing the Poor: The Corporate Way

Detaining and Jailing the Poor: The Corporate Way | Coffee Party News | Scoop.it
Small cities and private corporations sued for rights violations in conspiracy to profit from residents.Read more →
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Stop and Frisk Lawsuit Filed Against City of Chicago and Chicago Police Department - I Take LIBERTY With My Coffee

Stop and Frisk Lawsuit Filed Against City of Chicago and Chicago Police Department - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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Congress Moves to Grant Even More Power to the NSA

Congress Moves to Grant Even More Power to the NSA | Coffee Party News | Scoop.it
One of the main objectives of the new laws is to eliminate consequences for companies that share their users’ private information with the government.
The post Congress Moves to Grant Even More Power to the NSA appeared first on The Anti-Media.
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An Open Letter to Police Departments from Justin King

An Open Letter to Police Departments from Justin King | Coffee Party News | Scoop.it
An informative open letter that every cop and citizen should read. Read more →
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Demonizing Teachers, Privatizing Schools: The Big Lies and Big Plans Behind the Atlanta School Cheating Scandal | Black Agenda Report

Demonizing Teachers, Privatizing Schools: The Big Lies and Big Plans Behind the Atlanta School Cheating Scandal | Black Agenda Report | Coffee Party News | Scoop.it
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Eyewitnesses: The Baltimore riots didn't start the way you think

Eyewitnesses: The Baltimore riots didn't start the way you think | Coffee Party News | Scoop.it
Baltimore teachers and parents tell a different story from the one you've been reading in the media.
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Baltimore Protests and Solidarity Events Planned in 8 Cities - LIVE

Baltimore Protests and Solidarity Events Planned in 8 Cities - LIVE | Coffee Party News | Scoop.it
As protests over the in custody death of Freddie Gray enter their 12th day in Baltimore, solidarity events are scheduled to be held in Los Angeles, Washington DC, NYC, San Diego and Chicago. It is highly likely we will see more actions in Oakland and Ferguson as well.
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The One About TV Ads, the Lansing School District, and Misleading Claims...By Mitchell Robinson - I Take LIBERTY With My Coffee

The One About TV Ads, the Lansing School District, and Misleading Claims...By Mitchell Robinson - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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Justice Department To Probe Death of Freddie Gray - I Take LIBERTY With My Coffee

Justice Department To Probe Death of Freddie Gray - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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10,000 Strong Peacefully Protest In Downtown Baltimore, Media Only Reports The Violence & Arrest of Dozens

10,000 Strong Peacefully Protest In Downtown Baltimore, Media Only Reports The Violence & Arrest of Dozens | Coffee Party News | Scoop.it
"A number of protesters were concerned that Baltimore—nicknamed “Charm City”—was being treated unfairly in the media after the trouble on Saturday. Baltimore was not out of control,” said Karen DeC...
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Sugar Pine Mine, Oath Keepers, Bureau of Land Management and Spin, Spin, Spin

Sugar Pine Mine, Oath Keepers, Bureau of Land Management and Spin, Spin, Spin | Coffee Party News | Scoop.it
Bobby Rodrigo looks into the legal aspects of the BLM mine war.Read more →
Coffee Party USA's insight:


The way the right and the left are speaking about this situation, and,  the Oath Keepers, has nothing to do with what the Oath Keepers are truly about. Further, we are not some racist extremist organization of any kind.  I for one am tired of reading that we are “gun toting racist anti-government extremists.”  Demanding that our local, state, and federal government abide by the law of the land is not partisan, racist or extremist. In responding to the request from the Sugar Pine Mine owners the Oath Keepers have not broken any laws nor have they advocated the breaking of any laws. Sugar Pine has the protected right from any punitive action without due process.  It is that simple.  From the evidence that I have seen, in addition to the law itself the BLM is the entity that is in the wrong here.http://thefifthcolumnnews.com/2015/04/sugar-pine-mine-oath-keepers-bureau-of-land-management-and-spin-spin-spin/

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# 12 Bush Profiteers Collect Billions From No Child Left Behind - Top 25 of 2009

# 12 Bush Profiteers Collect Billions From No Child Left Behind - Top 25 of 2009 | Coffee Party News | Scoop.it
A statute that once promised equal access to public education to millions of American children now instead promises billions of dollars in profits to corporate clients through dubious processes of testing and assessment and “supplemental educational services.” NCLB—the Business Roundtable’s revision of Lyndon Johnson’s Education and Secondary Education Act (ESEA)—created a “high stakes testing” system through which the private sector could siphon federal education funds.
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Petraeus Sentenced. No, Not Like Manning, Drake, Kiriakou…

Petraeus Sentenced. No, Not Like Manning, Drake, Kiriakou… | Coffee Party News | Scoop.it
10 years? 20 years? Exile in Russia? No way, he's part of the establishment. Read more →
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New Organization Provides Support and Tools for Liberty Activists

New Organization Provides Support and Tools for Liberty Activists | Coffee Party News | Scoop.it
Leaders of a new organization hope to empower and equip activists to more effectively advance the fight for liberty.
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San Bernardino County to Pay $650,000 to Man Seen Being Beaten by Deputies - I Take LIBERTY With My Coffee

San Bernardino County to Pay $650,000 to Man Seen Being Beaten by Deputies - I Take LIBERTY With My Coffee | Coffee Party News | Scoop.it
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