A government for the 1%, by the 1%. It's no mystery why Congress has allowed the 1% to get ahead while watching the middle class decline. It's a simple matter of self interest. Until the Occupy movement puts regular pressure on Congress, we're not likely to see any significant change. Even for the Democrats, the success or failure of the middle class is hardly an issue of interest beyond a few words of lip service. That may increase during the election cycle, but we know how big words during the election cycle mean little once it's over. NY Times:
What is clear is that members of Congress are getting richer compared not only with the average American worker, but also with other very rich Americans. While the median net worth of members of Congress jumped 15 percent from 2004 to 2010, the net worth of the richest 10 percent of Americans remained essentially flat. For all Americans, median net worth dropped 8 percent, based on inflation-adjusted data from Moody’s Analytics. Going back further, the median wealth of House members grew some two and a half times between 1984 and 2009 in inflation-adjusted dollars, while the wealth of the average American family has actually declined slightly in that same time period, according to data cited by The Washington Post in an article published Monday on its Web site.