Sunday, November 9, 2014

Death Of The Working Class In 12 Charts

From Zero Hedge:

They say a picture is worth one thousand words.  And so here’s a twelve thousand word equivalent essay that quite clearly depicts how the policies of the new millennium are shaping the new world order.  The powers that be have looked at these same charts, understand their implications and yet continue on the current path.  The objective then is clear.  The death of the working class.
With almost 100% of ‘savings’ having been forced into the stock market we are getting ever closer to what will be described as an epic collapse of wealth.  However, the more fitting description will be an epic and final transfer of wealth from the working class to the burgeoning aristocracy as assets are picked up for pennies on the dollar.  Pay particular attention to data from the end of the 1990′s through the new millennium.
median income

ycharts_chart-2

capextodiv
labourrates
real income by quintile
Screen Shot 2014-11-07 at 10.25.02 AM
food-stamp-participation
US satisfaction
Net_worth_and_financial_wealth
Screen Shot 2014-11-07 at 11.31.00 AM
suicide_rate_2001_2011
http://www.zerohedge.com/news/2014-11-07/death-working-class-12-charts
4.954

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