...We began to prioritize corporate profits through changes to the tax code. We ceased to regulate financial institutions in ways that would eventually lead to the Great Recession...
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For most Americans, economic progress shuddered to a stop in the 1970s as so-called “growth” policies began to help only top earners. Labor unions — major drivers of better wages across the board — were falsely targeted as the problem...https://thehill.com/blogs/congress-blog/economy-budget/412615-we-need-economic-progress-for-more-americans?fbclid=IwAR3ibzoTuOPY-fjTBVziqgBpQtNbNMTBPx9fkxijSWOjIStdipQzdGNHd-o …
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...The mantra of trickle-down economics was adopted, and the success of big business was paramount — avoiding asking too much of them in the good times and propping them up in the bad. It's past time for a return to economic progress for more Americans...
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...Too often we equate what's good for top executives and Wall Street with what's good for business. Our priority should be on what's good for employees, for consumers, for the communities in which these businesses thrive and the environment we all share.https://thehill.com/blogs/congress-blog/economy-budget/412615-we-need-economic-progress-for-more-americans?fbclid=IwAR3ibzoTuOPY-fjTBVziqgBpQtNbNMTBPx9fkxijSWOjIStdipQzdGNHd-o …
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I read somewhere that the year I started working 1974 was the last year that the value of your paycheck was going up. After that, paychecks bought less and less. Also, found out we bought our house the exact month the RE market peaked, 7/2006. After that worth less and less.
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