Thursday, October 21, 2004

The middle class under Bush

This detailed analysis of five different types of middle-class family (from single household, to married couple with children, to retired couple) shows what's happened to their incomes and their outlays during Bush's tenure. All have lost net income after taxes and health-care costs, so that no group has participated in dollars terms in the "recovery" from the recession. The increase in worker productivity, it's apparent, hasn't shown up in their pocketbooks, but only in the ledgers of the employers, that is, the corporations that funded Bush's election.

What did I expect?

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