The Economic Populist has published an interesting overview of wages statistic in USA. It turns out that nearly a third of people working are extremely poor. These are not jobless but people who actually have jobs. Still, one third of working people receive wages before taxes below $15,000 a year and nearly 15% of workers – below $5,000 a year. Most Americans, 52.4%, make less than $30,000 a year yet those very Americans only have 15.3% of the total country income from wages.
The chasm between the rich and poor is growing yearly. An astronomical 23.1 million wage earners made less than $5,000 per year in 2013. Those making less than $5000 a year are only getting 0.7% of the total compensation pie as a group. The top wage bracket – over $50 million – has 110 people in it or 0.000064% of wage earners. This top wage bracket received 0,18% of the total net compensation. And this inequality of wages keeps increasing.
The Economic Populist concludes that “The bottom line here is the rich are getting richer and most of America continues to get squeezed even though in 2013 wages improved. As a trend we can see since 1990 just a never ending attack on regular wage earners in this country. The bounce back in 2013 isn’t enough to make up for 30 years of a spiral down.”… --> continue reading →
Abraham Lincoln is portrayed by mass media in a completely different light than he actually was. I think his original works should be compulsory reading for all Americans at school. They will serve as a good point of reference for their future life. Look at this:
I will say then that I am not, nor ever have been in favor of bringing about in any way the social and political equality of the white and black races, [applause]—that I am not nor ever have been in favor of making voters or jurors of negroes, nor of qualifying them to hold office, nor to intermarry with white people; and I will say in addition to this that there is a physical difference between the white and black races which I believe will for ever forbid the two races living together on terms of social and political equality. And inasmuch as they cannot so live, while they do remain together there must be the position of superior and inferior, and I as much as any other man am in favor of having the superior position assigned to the white race. I say upon this occasion I do not perceive that because the white man is to have the superior position the negro should be denied everything.
— Collected Works of Abraham Lincoln. Volume 3. Speech on September 18, 1858.
And compare this to the official history:
Lincoln disapproved of slavery, and the spread of slavery to new U.S. territory in the west. … Lincoln was a moderate in the middle, opposing slavery primarily because it violated the republicanism principles of the Founding Fathers, especially the equality of all men and democratic self-government as expressed in the Declaration of Independence. … On October 16, 1854, in his “Peoria Speech”, Lincoln declared his opposition to slavery, which he repeated en route to the presidency.
— Wikipedia, Abraham Lincoln.
And I cannot help but finish with a very suitable quote from George Orwell’s “Nineteen Eighty-Four”: “He who controls the past controls the future. He who controls the present controls the past.”
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