WALL STREET’S SOLUTION: Run faster, work harder. It’s not our fault that you are not rich!
January 20, 2010 at 10:21 am in Justice, Labor Struggles, Wall Street by IfLizWereQueen
Americans are like gerbils running faster and faster on a wheel for Wall Street and the rich. This is what OUR chart looks like. It depicts a system in decline.
CHART 1: The Shrinking Middle Class
Percentage of middle class in the 100 largest metropolitan areas, 1970-2000:
- Number of middle-income neighborhoods*:
1970: 58.2%
2000: 40.9% - Middle-income families
1970: 28.0%
2000: 21.5%
* Census tracts, defined by median income
Source: The Brookings Institution
