10.09.2014

The Rich get Richer

or ' F#ck them Poors"

They don't need better wages: The Great Wage Slowdown of the 21st Century - NYTimes.com:
The typical American family makes less than the typical family did 15 years ago, a statement that hadn’t previously been true since the Great Depression.
or education: [WSJ link]
On average, students in 2014 in every income bracket outscored students in a lower bracket on every section of the test, according to calculations from the National Center for Fair & Open Testing (also known as FairTest), using data provided by the College Board, which administers the test.
or health insurance
Starting Jan. 1, Wal-Mart told The Associated Press that it will no longer offer health insurance to employees who work less than an average of 30 hours a week…”We had to make some tough decisions,” Sally Wellborn, Wal-Mart’s senior vice president of benefits, told The Associated Press.
...
The six Waltons on Forbes’ list of wealthiest Americans have a net worth of $144.7 billion. This fiscal year three Waltons—Rob, Jim, and Alice (and the various entities that they control)—will receive an estimated $3.1 billion in Walmart dividends from their majority stake in the company. 
The Waltons aren’t just the face of the 1%; they’re the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined.



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