Good news! Republican plantation economy continues to "grow"!
Or should I say "metastatize" ....
Fuck "the economy"; I'm not a plutocrat or one of their bumboys on the Fed. What about my economy? McClatchy:
The percentage of poor Americans who are living in severe poverty has reached a 32-year high, millions of working Americans are falling closer to the poverty line and the gulf between the nation's "haves" and "have-nots" continues to widen.
The McClatchy analysis found that the number of severely poor Americans grew by 26 percent from 2000 to 2005. That's 56 percent faster than the overall poverty population grew in the same period. McClatchy's review also found statistically significant increases in the percentage of the population in severe poverty in 65 of 215 large U.S. counties, and similar increases in 28 states. The review also suggested that the rise in severely poor residents isn't confined to large urban counties but extends to suburban and rural areas.
So, what's the problem, here? If 5,000 people line up for a $7.00 an hour job at Wal-Mart, Wal-Mart's going to get really committed, hungry workers, right?
And it gets better, or worse, depending:
Worker productivity has increased dramatically since the brief recession of 2001, but wages and job growth have lagged behind. At the same time, the share of national income going to corporate profits has dwarfed the amount going to wages and salaries. That helps explain why the median household income of working-age families, adjusted for inflation, has fallen for five straight years.
So, you work harder and harder, and what do you get? Well, you get to keep your job, at which you will soon be working even harder.
Does anybody believe that this isn't the Republican's plan?
The most ruthless and corrupt up in the big house; peonage and the lash for the rest of us. Aided, of course, by the best of modern surveillance technology.
Class warfare, people. And the right people are dying, as usual.