YouSpeak: Corporate America and the Middle Class

The federal government reported last week that the number of Americans making $1 million or more has [...]grown 18 percent since 2009, while the number of jobs fell by 500,000. The Census Bureau calculates that since 1980, roughly five percent of annual national income has shifted from the middle class to the nation’s richest households. Numbers like those, and their tangible consequences have compelled
hundreds of people to camp out in tents on the Rose F. Kennedy Greenway in Boston, just one colony of a multi-city Occupy protest of economic injustices, from the inordinate political influence of Wall Street money to the diminishing quality of middle class life. In Boston, police have arrested more than 100 protestors, including several half BU students. Supporters of the Occupy movement, which started with Occupy Wall Street, hail from a broad demographic with one thing in common: a conviction that the corporate America’s quest for money is advancing at the expense of middle class. Are they correct?

Tags: wall street, corporate, youspeak, occupy, dewey square, personhood, bailouts

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