Today, in Boston and across the country, thousands of people are taking to the streets to say enough is enough.
It has been three years since Wall Street crashed our economy, and yet 25 million people are still unable to find full-time work and the gap between the 1% and the 99% continues to grow. But instead of creating jobs, Congress continues to ignore the concerns of the 99%, and focuses on job-killing budget cuts and tax giveaways for the rich.
The North End’s Charlestown Bridge is a vivid example of the many roads, schools and other sites in desperate need of repair in Massachusetts. Unemployed workers and local residents have held multiple rallies at the bridge this fall to call attention to the thousands of family-supporting jobs that could be created through investments in infrastructure.
Join us in Dewey Square at 4 PM and be a part of history. Can’t make it? Follow MassUniting on Twitter for live updates
I’ll be there. So should you. Let’s start the pressure now for McGovern’s 28th Ammendment.
Wear a tie.
…sitting in its Chapter 90 account to fix Charlestown Bridge. The money can only be spent on roads. Why don’t you ask them to fix it with money they already have?
… of the protests that is about egregious fiscal mismanagement? It’s not about a lack of money: You’re snidely asking the protestors to untangle, unravel and unpack the very thing they are angry about. Derp.
Maybe a tastefully polite greeting card is more apropos? A la:
Exactly to the point. I hope Derp wasn’t a typo I have appropriated it for future put downs.
I wish I could be there. Just want to thank you and all the protesters for being our voice. You are making a difference and it’s hugely appreciated!
curious.
how do you feel about those who are at the 98th percentile? you kind of lump them with the 99% of regular people. don’t they have much more in common with the top 1%?
I’m not sure you appreciate how skewed the US income distribution is:
In the above graph, the vertical axis plots the income versus the percentage on the horizontal axis. See how the right edge of the graph is essentially vertical? That means that at the right-most edge, a tiny move in percentage corresponds to an enormous difference in income.
For much of the above graph, the distribution is nearly flat. That means that the difference between 49th and 50th is small. All that changes at the inflection point.
Consider the two cases shown in the graph — a taxpayer whose income is $500,000 and another whose income is over $2,000,000. Most of us would agree that this four-fold difference in income is substantial. As you can see from the graph, the difference in percentile is tiny (a pixel or two in this image).
The effect of the economic policies of the past two decades has been to dramatically increase the disparity in this distribution — the long flat region has been moved down, the inflection point has moved rightward, and the nearly-vertical right portion has greatly increased in height.
In fact, the difference between the 98th and 99th percentile is likely to FAR FAR greater than, for example, the 47th and 48th.
Note: On to the DSC now. In Fitchburg. But following, and there in spirit.
That is what makes BMG work. 🙂
this spiffy tool which will tell you what “percent” you are, based on your household income.
Thank you, Wall Street Journal.