Anonymous ID: 52b379 May 18, 2018, 6:28 p.m. No.1463227   🗄️.is 🔗kun   >>3251

The cabal wanted us weakened, dependent, sick and poor.

They tried to destroy the middle class.

Bastards.

 

In Which US States Was The Middle Class Crushed The Most

 

made the rich richer and the poor poorer while crushing the middle class, has been an unprecedented growth in income and wealth inequality, the backlash to which were such historic events as Brexit in the UK and the completely unexpected - by the "experts" - election of Donald J. Trump, in the United States.

 

Of course, when it comes to income inequality among American households, outcomes have varied widely across the 50 U.S. states. The impact of international competition gets a lot of the blame, along with automation, in states that have fared the worst. That has contributed to a backlash against free trade on the national level, resulting in the current multi-front trade war wages by the administration.

 

But in which states has income polarization been most acute and where has the middle class been crushed the most?

 

For an answer, we look at a recent study by the IMF, "Hollowing Out: The Channels of Income Polarization in the United States", which shows that middle-income households have shrunk as a proportion of the population since the 1960s. The study found that those earning between 50 percent and 150 percent of the median income represented just 48 percent of total households in 2016, compared with 58 percent in 1968; in other words for better or worse, the middle class has shrunk.

 

Unfortunately, it's for the "worse" and as the IMF writes, a majority of households "left" the middle class not because they became richer; on the contrary. Of those families leaving the middle-income group, the proportion falling into the low-income ranks, which the IMF describes as downward hollowing out or polarization, was greater than those advancing to upper income levels. And as noted above, the 50 states haven’t felt these effects uniformly.

 

The states shown below in deep red are where Income polarization, and the hollowing out of the middle class, was most severe; logically the lighter the shading, the less the adverse impact of "downward hollowing out."

 

https://www.zerohedge.com/news/2018-05-18/which-us-states-was-middle-class-crushed-most

Anonymous ID: 52b379 May 18, 2018, 6:29 p.m. No.1463251   🗄️.is 🔗kun

>>1463227

Sorry, first paragraph got cut off:

 

One of the most destructive consequences of the Federal Reserve bailing out banks, equityholders and capital markets in the aftermath of the GFC with a coordinated multi-trillion liquidity injection by the world central banks that made the rich richer and the poor poorer while crushing the middle class, has been an unprecedented growth in income and wealth inequality, the backlash to which were such historic events as Brexit in the UK and the completely unexpected - by the "experts" - election of Donald J. Trump, in the United States.

Anonymous ID: 52b379 May 18, 2018, 6:40 p.m. No.1463388   🗄️.is 🔗kun

Trump nominates Pacific commander Harris as U.S. ambassador to Seoul

 

U.S. President Donald Trump on Friday nominated Admiral Harry Harris, head of the U.S. Pacific Command, as U.S. ambassador to South Korea ahead of a summit with North Korean leader Kim Jong Un scheduled next month but since called into question by Pyongyang.

 

If confirmed by the Senate, Harris would fill a post that has been vacant since Trump took office in January 2017.

 

Harris was initially nominated by Trump to be U.S. ambassador to Australia but was asked last month by Mike Pompeo, now secretary of state, to take the post in Seoul instead, as diplomatic efforts to resolve the crisis over North Korea's nuclear weapons intensified.

 

http://www.asahi.com/ajw/articles/AJ201805190018.html