Looks like wage earners are doing very well in constant dollars.
Oops. Looks like the middle class is doing pretty well.
cost of living
Inflation has averaged about 2.2% annually over the past 25 years. You can see from the charts that real compensation has been increasing.
and consumer debt to see who is getting left behind.
Wow, in the last decade, while home ownership reached an all time high and interest rates reached a record low, our debt, as a percentage of income, has increased by a whole .08%. Is this what worries you? Please.
there are a lot of very, very mad people out there and their numbers will only grow.\
And government needs to do something to force businesses to help these people? Are you saying we need more government interference in the market or do you believe that personal responsibility is something conservatives should support and practice?
Cute. But unless you break those numbers out according to income levels they are meaningless. Some years ago I was in a restaurant in Seattle and Bill Gates walked in. The guy I was eating with turned to me (after gawking like everyone else) and said, "The average income in this restaurant just jumped to $5 billion a person."
Put another way, the average Wall Street salary this year (including bonus) will be $300,000.
Now, before you start going on about "class warfare," just let me say that the only time "class warfare" raises its ugly head is when regular folks are having a tough time themselves. And right now we are beginning to see the first signs of it.
No, this is what's worrying me:
http://www.economist.com/world/na/displayStory.cfm?story_id=3518560
http://www.usatoday.com/money/perfi/general/2004-03-17-debtcover_x.htm