YouSpeak: Occupy Boston
Is corporate America killing the middle class?
The federal government reported last week that the number of Americans making $1 million or more annually has grown 18 percent since 2009, while the number of jobs fell by 500,000. The U.S. Census Bureau calculates that since 1980, roughly 5 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 led to the grassroots Occupy movement, which started with Occupy Wall Street and compelled thousands of people across the country to protest. In Boston, hundreds of people are camping out in tents on the Rose F. Kennedy Greenway, just one colony of a multicity Occupy protest of economic injustices. Boston police have arrested more than 100 protestors, including several BU students. Supporters of the Occupy movement hail from a broad demographic with one thing in common: a conviction that corporate America’s quest for money is advancing at the expense of the middle class.
This week’s “YouSpeak” asks, “Is corporate America destroying the middle class?”
“YouSpeak” appears each Monday.
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