The Schism Grows....
Two fascinating stories coming out of the Center on Budget and Policy Priorities (CBPP) . First, a release issued by CBPP on 9/10/09 has this to say about the state of our economy: "Poverty increased, median household income fell, and the percentage of Americans with employer-based health coverage continued to decline in 2008...." Seems "trickle down" never worked all that well for those on the down-side of the policies. However, there was good news in a release issued by CBPP on 9/9/09 - for the top income earners: "Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger share of income in 2007 than at any time since 1928..." Seems Bush/Cheney knew how to enact policies that really rewarded their base - at the expense of everyone else. Links to the releases below.... Poverty Rose, Median Income Declined, and Job-Based Health Insurance Continued to W...