The article below points out statistics that show how the working class since 2000 has suffered a net LOSS of income. And, the supposed economic recovery has not benefitted the working class, just the investment class.

The article mentions the Republican tax cuts, but does not really make the case for how the tax cuts have hurt the working class. I’d like to find a good article explaining how the huge deficits caused by the tax cuts affect the common working people. I suspect that the higher interest rates (and higher prices and lower investment returns) caused by deficit spending reduce the net amount of after-tax dollars available to the average lower-middle class working person (but I can’t prove it).

WorkingForChange-Dumb Dems let GOP run wild
Dumb Dems let GOP run wild
Regular people continue to lose ground

AUSTIN, Texas — Being of the populist persuasion, I am a terminal fan of Thomas Frank, who has gone from “What’s the Matter With Kansas?” to “What’s the Matter With Liberals?” in the current issue of the New York Review of Books, which is a good spot for it.

Those of us in the beer-drinking, pick-up-truck-driving, country-music-listening school of liberals in the hinterlands particularly appreciate his keen dissection of how the Republicans use class resentment against “elitist liberals,” while waging class warfare on people who work for a living.

The unholy combination of theocracy and plutocracy that now rules this country is, in fact, enabled by dumb liberals.

[snip]

“The data show that the share of real income growth that has gone to wages and salaries has been smaller than during any other comparable post-World War II recovery period, while the share of real income growth that has gone to corporate profits has been larger than during all other comparable post-World War II recoveries.”

In previous recoveries, workers got an average of 49 percent of the national income gains, while corporate profits got 18 percent. This time, the workers are getting 23 percent and the corporations are getting 44 percent — about one half as much as the share that has gone to corporate profits.

None of that apply to you? Good. Go listen to Tom DeLay give another lecture on moral values.