Page 2 - Shrinking Pie News Today

They werent caught up in the novelty and euphoria of 2008 hope and change. but the obama campaign spent money and time, five years, targeting them, persuading them and getting them out. romney did as well with the white vote as any other republican seeking the white house. he maxed out. he could havent done much better. but he was getting a bigger slice of a shrinking pie. all the demographic trends we knew for heading to the democrats, the future came earlier. this was a pretty impressive effor...

Modern history. >> reporter: the american middle class, the historic back bone of the u.s. economy, is struggling through a lost decade, losing ground and shrinking in numbers. thats the conclusion of a new report from the pew research center, which found that in the past ten years, family incomes at all levels have declined. the first time thats happened since the end of world war ii. >> there are fewer people in the middle now than there used to be and they have a smaller share of a shrinking ...

credit card payment. dont celebrate yet. that will allow retailers to pass along the fees to you, the customer if you use credit cards. a judge needs to approve that settlement. sylvester stallones son sage has been found dead. the 36-year-old part-time actor was in a couple of movies with his father who was reportedly devastated of course by his sons death. foul play is not suspected, but an autopsy will be performed. the first legally blind contestant at the miss florida usa pageant ...

that will allow retailers to pass along the fees to you, the customer if you use credit cards. a judge needs to approve that settlement. sylvester stallones son sage has been found dead. the 36-year-old part-time actor was in a couple of movies with his father who was reportedly devastated of course by his sons death. foul play is not suspected, but an autopsy will be performed. the first legally blind contestant at the miss florida usa pageant and finished in fifth place and chosen as...

fees charged to retailers when they accept your credit card payments. but that bill will allow retailers to pass on those additional fees to you, the customer if you use credit standards. meantime, sylvester stallones son sage has been found dead in his home. the part-time actor was in a couple of movies with his father, whos reportedly devastated by his sons death. foul play is not suspected, but an autopsy will be performed. connor boss made history today at the -- voss as a here...

Before markets force us to fix them. thats why its not one side is working to solve the problem and -- its a different world view. >> i didnt mention fiscal. i mentioned cap and trade. >> one party is will to dproms r compromise and the other isnt, thats a big discussion going on. i can see that. i can see on a fiscal front why people say this is a problem about spending that wont get fixed. >> i should point out that taxes as a percentage of gdp are thes hes since the early 1950s. >> if you ext...

Shrinking pie. its the habitat -- a union organizer said deer are nonviolent animals, you shrink their habitat and they fight each other. this was a union organizer talking about fighting each other. the broad context, politics of austerity, restraint, cuts, sacrifice, who is going to pay. thats when you get sort of who has their hands on the share of the pie. >> austerity is great for those who already have. if you had your run and accumulated your cash, your income may be low, your wages are d...

Last few years. >> but isnt that indicative of a larger trend thats going on? we have corporations where ceos essentially have a cottage industry, where their interests are not necessarily aligned with the long-term health of the corporations. >> or the country. >> down to the workers and the rest -- isnt this problem broader than just the financial industry? isnt that simply sort of the canary -- >> i think one of the things that happened with sort of hyperglobalization is a lot of multinationa...

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