The wages earned by most people (the 99%)doubled from 1940 to 1979 but have actually dropped since then. That is why the 50s and 60s are viewed by many as "the good old days". Since the mid 1980s income for the top 1% has more than doubled.
The income earned by most people has not kept pace with inflation.
We agree with the 2016 Republican Party Platform:
"We have been fighting the War on Poverty for 50 years and poverty is winning. Our social safety net — about 80 separate means-tested programs costing over $1 trillion every year — is designed to help people born into or falling into poverty. It rarely lifts them out. Its apologists judge success by the amount of money spent to keep people in the system. That is a cruel measurement."
"Prosperity provides the means by which citizens and their families can maintain their independence from government, raise their children by their own values, practice their faith, and build communities of cooperation and mutual respect."
Approximately 1 out of every 5 children in the United States is living in relative poverty.
We agree with the 2016 Democrat Party Platform:
"We must break down all the barriers holding Americans back and restore the basic bargain that built America’s mighty middle class: If you work hard and play by the rules, you can get ahead and stay ahead. The system is not working when we have a rigged economy in which ordinary Americans work longer hours for lower wages, while most new income and wealth goes to the top one percent."
"Our goal must be to create a financial system and an economy that works for all Americans, not just a handful of billionaires."
"Today’s extreme levels of income and wealth inequality are bad for our people, bad for our businesses, and bad for our economy. Our country depends on a thriving middle class to drive economic growth, but the middle class is shrinking. Meanwhile, the top one-tenth of one percent of Americans now own almost as much wealth as the bottom 90 percent combined."
"These trends create problems beyond insulting our sense of basic fairness. Social mobility is far lower than most believe it to be. Children who are born to families in the lowest fifth of earnings are more than 10 times more likely to remain there as adults than they are to earn as much as those in the top fifth. Unless we invest in building a level playing field, we all lose."
"Too many Americans are living paycheck to paycheck, and hallmarks of a middle class life--owning a home, having access to affordable and quality childcare, retiring with dignity--feel out of reach. It is no wonder so many Americans feel like the deck is stacked against them."
"A major factor in the 40-year decline in the middle class is that the rights of workers to bargain collectively for better wages and benefits have been under attack at all levels."
"Too many Americans have been left out and left behind. They are working longer hours with less security. Wages have barely budged and the racial wealth gap remains wide, while the cost of everything from childcare to a college education has continued to rise. And for too many families, the dream of homeownership is out of reach."
"As working people struggle, the top one percent accrues more wealth and more power. We believe that today’s extreme level of income and wealth inequality, where the majority of the economic gains go to the top one percent and the richest 20 people in our country own more wealth than the bottom 150 million makes our economy weaker, our communities poorer, and our politics poisonous."
"We are stronger when we have an economy that works for everyone--an economy that grows incomes for working people, creates good-paying jobs, and puts a middle- class life within reach for more Americans."
"The current minimum wage is a starvation wage and must be increased to a living wage. No one who works full time should have to raise a family in poverty. We believe that Americans should earn at least $15 an hour and have the right to form or join a union."
We agree with Our Revolution:
"Today, we live in the richest country in the history of the world, but that reality means little because much of that wealth is controlled by a tiny handful of individuals. The reality is that since the mid-1980s there has been an enormous transfer of wealth from the middle class and the poor to the wealthiest people in this country. Despite huge advancements in technology and productivity, millions of Americans are working longer hours for lower wages.
The reality is that for the past 40 years, Wall Street and the billionaire class has rigged the rules to redistribute wealth and income to the wealthiest and most powerful people of this country. That is the Robin Hood principle in reverse. That is unacceptable and that has got to change.
[We are] sending a message to the billionaire class: “You can’t have it all.” You can’t get huge tax breaks while children in this country go hungry. You can’t continue sending our jobs to China while millions are looking for work. You can’t hide your profits in the Cayman Islands and other tax havens, while there are massive unmet needs on every corner of this nation. You cannot take advantage of all the benefits of America, if you refuse to accept your responsibilities as Americans. Your greed has got to end."