What is Occupy Wallstreet?

[Lissa]

But again, as Jester pointed out and what I've been saying, the wealth is being concentrated in the top tiers and the bottom is getting squeezed out and is worse off today than it was over 60 years ago.

To clarify my position: I believe low-end workers are better off today than 60 years ago, just that the improvements they have seen are tiny by comparison to the enormous gains made by the top income brackets.

Your calculations are incorrect, because what Kandrathe posted was real GDP/capita, not nominal, and therefore is already adjusted for inflation.

-Jester

Well, looking up how Real GDP/capita is calculated, then Kan's comment about wanting wages at 50% of 10k or 43% of 50k is actually a strawman arguement since Real GDP/capita has no units of basis (it's strictly a percentage) and thus the US would actually be better off with the wages of Real GDP/capita of 1947 than it would be with the wages of Real GDP/capita of 2010 since the actual percentage calculated is takes into account inflation, deflation, and other monetary factors. So the real question that Kan should have asked is; are you happy with wages taking 43% of the GDP pie or would you rather they were 50% of the GDP pie? I think we all know the answer to that.