The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
stagnant wages
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Becoming Serfs
We live in a new feudalism. We have been stripped of political power. Workers are trapped in menial jobs, forced into crippling debt and paid stagnant or declining wages. Where will this end?
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3 More Reasons for Wealth-Deprived Americans to Take to the Streets
The rest of America has been left behind, but their voices are getting louder – demonstrated by the teachers around the country who are fighting back against income and wealth inequality.
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GOP Tax Cuts Won’t Increase Jobs in States Where Many Lack Advanced Education
The new tax law uses trickle-down economics as the basis for its tax code, the logic being: less taxes equals more money for wealthy individuals and companies that will invest in more jobs, capital improvements and wages.
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Richest 1% Captured 82% of Wealth Created Last Year – While Poorest Half of the World Got Nothing
A new Oxfam analysis shows that one new billionaire was created every other day in 2017.
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Yes, Half of Americans Are In Or Near Poverty: Here’s More Evidence
We still have our houses and cars, right? Maybe not. The poorest 50% of American adults had an average net worth of just $7,500 in 2016. A year earlier it was $9,000, but the richest 1% took it away.
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In the Last 40 Years CEO Pay has Risen 937% – But Worker Wages are Stagnant
A new report published by the Economic Policy Institute shows that while wages for American workers have remained stagnant for decades, CEO pay has soared at an “outrageous” clip – reaching an average of $15.6 million at the largest firms.
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12 Major Reasons Why Americans Became Poor
Multiple developments contributed in recent decades to the decline of prosperity – much of it due to deliberate but gradual social and financial engineering.
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For Struggling Renters In New Orleans, Hope May Be Coming A Bit Late
Twenty-four-year old Stuart Marino, a finance major at University of New Orleans, spends more than 30 percent of his income on rent and utilities and doesn't have enough savings to cover a basic medical emergency.
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Low Wages, Rising Rents: Why California Workers Can’t Afford A Roof Over Their Head
According to the California Housing Partnership Corporation, a combination of falling incomes and high rents is driving the worst rental-housing crisis in California since World War II.
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Britain’s Pay Gap Widens Further As Fat Cat Salaries Exceed 183 Times the Average Wage
If the U.K. had a reason last year to ponder why the poor weren’t “storming the barricades” over income inequality, the county has even more reason to ask the question heading into 2016.