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Five years since the financial crisis began, Americans' animosity toward Wall Street rages on.
52% of those polled said they have been at least somewhat affected by the Wall Street crisis.
People also expressed pessimism about the economy; only 27% said the economy would improve in the next year. And of those respondents who described themselves as middle class, 43% said it was at least somewhat likely they'd fall out of middle class in the next five to seven years.
9% of respondents said they made $30,000 or less a year. That's up from just 5% from a 1998 poll.
At the opposite end of the spectrum, 23% said they made over $75,000 a year, up from just 9% in the '98 poll.
The poll results of growing inequality come on the heels of a new analysis showing how the "1%" has thrived far above everyone else since the 2008 crash.
Further dislike for Wall Street may be fueled by the fact that top CEOs of firms that led the crash are not in jail but instead are "living large in post-meltdown world."
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Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
Five years since the financial crisis began, Americans' animosity toward Wall Street rages on.
52% of those polled said they have been at least somewhat affected by the Wall Street crisis.
People also expressed pessimism about the economy; only 27% said the economy would improve in the next year. And of those respondents who described themselves as middle class, 43% said it was at least somewhat likely they'd fall out of middle class in the next five to seven years.
9% of respondents said they made $30,000 or less a year. That's up from just 5% from a 1998 poll.
At the opposite end of the spectrum, 23% said they made over $75,000 a year, up from just 9% in the '98 poll.
The poll results of growing inequality come on the heels of a new analysis showing how the "1%" has thrived far above everyone else since the 2008 crash.
Further dislike for Wall Street may be fueled by the fact that top CEOs of firms that led the crash are not in jail but instead are "living large in post-meltdown world."
______________________________
Five years since the financial crisis began, Americans' animosity toward Wall Street rages on.
52% of those polled said they have been at least somewhat affected by the Wall Street crisis.
People also expressed pessimism about the economy; only 27% said the economy would improve in the next year. And of those respondents who described themselves as middle class, 43% said it was at least somewhat likely they'd fall out of middle class in the next five to seven years.
9% of respondents said they made $30,000 or less a year. That's up from just 5% from a 1998 poll.
At the opposite end of the spectrum, 23% said they made over $75,000 a year, up from just 9% in the '98 poll.
The poll results of growing inequality come on the heels of a new analysis showing how the "1%" has thrived far above everyone else since the 2008 crash.
Further dislike for Wall Street may be fueled by the fact that top CEOs of firms that led the crash are not in jail but instead are "living large in post-meltdown world."
______________________________