For the bottom 90 percent of Americans... the vast majority, annual income has been on a long, mostly… — David Cay Johnston
For the bottom 90 percent of Americans... the vast majority, annual income has been on a long, mostly downhill slide for more than three decades. ...Even with three decades of economic expansion, the vast majority has to get by on about $75 less each week than... a generation earlier...
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In 2006... China, Japan, Canada, and Mexico—accounted for 60 percent of our worldwide trade deficit of $764 billion.
In 2006 the trade deficit with China reached $232 billion. ...more than $60 per month for every man, woman and child in America. ...In 2004 when the trade deficit... was $161 billion, it was... more than the $126 billion of income taxes paid by the bottom 75% of Americans.
[P]residents of companies have gone from apologizing when they had to lay off workers to boasting of the riches... obtained through mass firings. ...[I]nvestors ...owe their wealth ...to buying companies in deals that required destroying lives and careers
