Democrats & Liberals Archives

A legacy to hang your 10 gallon hat on: the New Class Divide.

According to the latest US census bureau report , poverty rose again in 2004. If anyone’s counting; poverty has increased consecutively for the past 4 years; which means during the entire tenure of George W. Bush’s Presidency, poverty increased.

The fact that more people are in poverty now than when Bush took office in 2001 should be a clear indication that Bush's policies haven't worked, aren't working and won't work ever. If you contrast that to Clinton's presidency, you'd find that during the years between 1993 and 2000, poverty decreased consecutively. Still keeping score? That's eight years of declining poverty during the Clinton years and four years of increasing poverty during the Bush years. How do you measure progress?

According to the latest US census bureau report , poverty rose again in 2004. If anyone’s counting; poverty has increased consecutively for the past 4 years; which means during the entire tenure of George W. Bush's Presidency, poverty increased.

Where did the money go?

Well it didn't go to the people on the bottom, that's for sure. Hourly wages of production workers have fallen, relative to the same month the previous year, in 17 of the last 19 months and production workers, who are typically paid less saw their incomes stagnate. The working class has not benefited from the so-called economic boom.

But that's not the case with those at the higher end of the pay scale. During the same periods the executive pay scale received large pay increases. The total net worth of the 400 wealthiest people in the US rose, by (10% in 2003, 10% in 2004, etc...).

But that's just the two sides of the equation, right? The bottom and the top, but what about the middle? Remember the middle? The staple of the American society: that gritty middle-class. Well, the median household income showed no change from 2002 to 2003 to 2004. Combine that with the significant increase in the cost of living, that would indicate a continuing slide into poverty.

Health Insurance slippage

Additionally if we look at the numbers of people without health insurance we find that for the fourth consecutive year, the numbers of Americans without health insurance increased also, from 45 Million to 45.8 Million. Talk about a model of consistency; that's pretty darn good.

Numbers tell stories. I'm sure there are those that can weave an intricate tale of how those newly anointed Americans that fell into poverty are actually benefiting from Bush's policies. For me, i see a different story

Posted by john trevisani at August 31, 2005 10:41 AM