11:23 AM Eastern - Monday, January 24, 2011

Decade of inequality: Workers fell behind, wealthy continued to rise in aughts #default

2000-2010: Workers Fell Behind...

Percent change, 2000-2010

 
 
 
 
 
 
 
 

The past three decades have been 30 years of stagnating incomes and falling living standards for the American middle class. But the aughts were particularly brutal: working families ended 2010 worse off than they began 2001 on almost every measure. Wages fell, health care premiums rose, foreclosures skyrocketed, and more.

...while CEOs and the wealthy continue to rise

Percent change, 2000-2010

 
 
 
 
 

 

Instead of sharing the pain, America's wealthiest saw record bonuses, profits, and tax cuts.

As we begin a new decade, it's time for corporate America to do its part to create millions of good jobs with a living wage and benefits--instead of sitting on trillions of dollars of cash or spending billions on CEO bonuses. Instead of a Decade of Inequality, let's make the teens a Decade of Shared Prosperity.

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