Class Warfare Is Waged By The Rich Against The Middle Class

Paul Krugman

Photo: NYtimes.com

I’ll be saying much more on this. But for now, partly as a note to myself, some notes on the actual class war that has taken place over the past 30 years — namely class warfare for the rich against the middle class.

1. Major tax cuts for high-income Americans, much larger as a percentage of income than for the middle class; CBO data here.

2. Decline in real minimum wage.

3. Union-busting, aided and abetted by federal policy.Read the rest at The New York Times.

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