Republicans and Biblical Justice for the Middle Class
and before you think I'm out of line check this info from PBS' Frontline:"For wicked men are found among my people; they lurk like fowlers lying in wait. They set a trap; they catch men. Like a basket full of birds, their houses are full of treachery; therefore they have become great and rich, they have grown fat and sleek. They know no bounds in deeds of wickedness; they judge not with justice the cause of the fatherless, to make it prosper, and they do not defend the rights of the needy. Shall I not punish them for these things? says the LORD, and shall I not avenge myself on a nation such as this?"" Jeremiah 5:26-29, RSV.
10 Reasons America's Two-Income Families Aren't What You Think (According to Harvard Law professor and bankruptcy expert Elizabeth Warren)
- Two-income families today make 75% more in inflation-adjusted dollars, but have less money to spend than one-income families did 30 years ago.
- Two-income families today spend: 21% less on clothing, 22% less on food, and 44% less on appliances compared to one-income families a generation ago.
- Every 15 seconds an American family files for bankruptcy.
- This year, more kids will live through their parents' bankruptcy, than through their parents' divorce.
- 1.6 million families will file for bankruptcy this year, 9 million more are already in credit counseling.
- Home mortgage foreclosures are up more than three-fold over the last generation and car foreclosures have hit record levels.
- More than 62% of families say that they worry about making ends meet.
- The average family spends 69% more in inflation-adjusted dollars on their home mortgage than their parents spent a generation ago.
- The average family spends 61% more on health insurance, than their parents spent a generation ago.
- Credit card default rates are at a record high.