Friday, May 4, 2012

Horror Fiction, Horror Reality

Bestseller writer Stephen King chimes in for the 99%.

The latest economic statistics are in, and the ugliness is reaching pre-revolutionary heights. Job growth is terrible, 1 in 7 Americans ekes out a miserable living on food stamps, the employment-to-population ratio is back to where it was in the early 1980s, and real wages for the 99% continue to fall.

Calculated Risk has this fascinating graph, showing how the Dems have administered public sector austerity. Note that most of these job losses are in the state and local sector, which provide the services most needed by the public. Trillions for failed colonial wars, trillions for Wall Street, but not a dime for the 99%. Unfreakingbelievable.

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