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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"This is not the America I believe in": Quote from Sen. Carl Levin
The upper 1 percent has gained a 3 percent increase in income since recession ended. Everyone else is flat or a loss. This is not the America I believe in, Levin said.
The article concludes: He hopes to be able to pass a minimum wage increase and fund unemployment benefits to help people struggling at the bottom economic rungs. He thinks they would boost the economy and put pressure for upward mobility throughout the lower and middle classes.
Good for him. Warnings in the article about the NSA, too. I will miss him, although some here don't think he goes far enough about the NSA. But I remember when he was on the Detroit City Council, and he has been a strong voice for us for many years.
http://www.record-eagle.com/local/x651193739/U-S-Sen-Levin-weary-of-hyper-partisan-politics-wary-of-NSA
Cha
(297,211 posts)thanks Faygo
ErikJ
(6,335 posts)JDPriestly
(57,936 posts)ErikJ
(6,335 posts)grabbed 95% of the income gains since the recession began. The 300% figure was since 1980. So it just might be 3% since 2008, but I would think much higher than 3%. At least 30%.