The rich people have screwed up. They screwed up by inflating bubbles. Tech bubbles, credit bubbles, bubble bubbles. They were all inflated by the rich because they have too much money chasing too few investments. That's the bottom line. So lets elect politicians willing to take the money from the rich and just give it back to the rest of us. Dubya for all his stupidity knew to give us money, because we'd spend it...
The share of households in the middle tier of income earners has fallen to 43% from 55% since the 1970s, according to The New York Times.
And those households in the middle tier haven't gotten a raise since 1999.
After adjusting for inflation, US median household income, at $53,657 in 2014, is still 6.5% lower than pre-recession levels in 2007, and 7.2% lower than its peak in 1999, according to the US http://uk.businessinsider.com/... Bureau.