Amateur video of a glow-stick war at a The Werks show in Columbus Ohio.
THANKS unkspunk
Workers’ share of national income plummets to record low
Over the last decade, the share of U.S. national income taken home by workers has plummeted to a record low.
Check out the chart below, compiled by the Labor Department, and posted this week by conservative writer David Frum. It shows that the decline began with the brief recession that followed 9/11 in 2001. But it continued even as the economy picked up again, and got even worse once the Great Recession hit. In the weak recovery since then, workers’ share of income just kept on falling.

Why are workers taking home such a reduced share of the pie? Opinions differ, but many experts think that the trend has to do with a number of factors, including a decline in the bargaining power of labor, and increased competition from foreign workers. Similarly, over the last year or so, U.S. companies have made record profits, while unemployment has stayed high and wages have barely risen.
The chart jibes with other data, which show that since the 1980s, income for the richest 1 percent of Americans has exploded, while hardly budging at all for everyone else.
Still, there’s little sense that either Obama administration or Congress plan to do much about this growing inequality. Indeed, any serious action to boost the economy and cut unemployment now seems to be off the table.
Comments from yahoo users that I liked.
Do you guys remember the days when only the husband worked? On one salary families could afford a home, two cars, take vacations, etc, etc… and retire at 55. All with just a high school diploma.
What happened?
U Hairy Tick U
We’re in the middle of classic class warfare but only one side is fighting ..and winning.
Albert Pujols negotiations go. Since his five-homers-in-four-games binge last week, Pujols has stagnated with an OPS at .823. Considering where he was a few weeks ago, it’s a great recovery. Considering where he has been the past 10 years, it’s more on the LeBron side of the Dirk-LeBron Continuum.
Remember, Pujols entered the season in search of $300 million. OnlyAlex Rodriguez(notes) has received a contract for more than $189 million, and both his $250 million and current $275 million deals were so ill-advised and ill-fated that the Beastie Boys could’ve licensed them.
One by one, his potential suitors have picked themselves off. The Chicago Cubs’ debt issues likely prevent them from dropping a Godfather offer on Pujols. The Los Angeles Dodgers’ owner prefers to spend his money on a septuagenarian Russian healer. TheNew York Yankees and Boston Red Sox already locked first basemen into long-term deals and wouldn’t dare lavish a DH with nine figures. All that’s left are the Washington Nationals (linked to Fielder because Boras’ psychic sway over owner Ted Lerner) and the Los Angeles Angels (whose owner, Arte Moreno, no matter how desperate, knows not to break the bank for a 31-year-old first baseman).
This is great news for Cardinals Nation becuase it looks like he might be easier to sign this year than last.