Thursday, April 4, 2013

The Rising American Electorate: Sinking Together

Robert L. Borosage: The Rising American Electorate: Sinking Together
The rising American electorate is sinking together in this economy. The faltering jobless recovery isn't working for most working families. Over 20 million are still in need of full-time work. Wages and family income are falling. The top 1 percent has captured all of the income growth in the country over the first two years coming out of the Great Recession. Profits are hitting new highs as a portion of the economy; wages hitting new lows. The jobs being created are more part-time than full-time, and with lower pay and fewer benefits than those that were lost.

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