Want to know what the outrage is about? Look no further than this:
Fifty percent of U.S. workers earned less than $26,364 last year, and those earning less than $200,000 per year – roughly 99 percent of Americans – saw their earnings fall a collective $4.5 billion.
There were fewer jobs, and overall pay was trending down — except for the nation’s wealthiest, who saw a boost.
While the incomes of the top 1percent of the country rose slightly in 2010 (from $1,909,874 in 2009 to $2,196,124 last year), their collective wage earnings rose dramatically, by about $120 billion.
Those earning at least $1 million a year (93,725 of Americans) reported payroll income totaling $224 billion – a rise of 22 percent above 2009.
And during this time American corporations have seen record profits and not been putting that money back into the economy. And how does the right (and some on the left) respond to this? They want to further decrease the tax burden of this 1% and shift that burden to the 99% who are struggling and watching their wages go down.
Class warfare? Hell yeah there’s a class warfare going on, but it’s not the one Eric Cantor wants you to think – it’s the exact opposite! The top 1% of this country is bilking the middle class for everything they got and the people are finally fed up with it. I just wish the rest of the country would wake up and stop listening to people like Rush Limbaugh (sitting comfortably in that 1%) and instead look at the facts. Limbaugh isn’t looking out for your interests or the interests of the country, he’s looking out for his own!