ny inequality slide deck vrsn a

8/12/2019 NY Inequality Slide Deck Vrsn A

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@NYinequality NYinequality.org fb.com/NYinequality

WERE THE WORST IN THE NATION AND ITS KILLING OUR COMMUNITIES

HOW WE GOT HERE AND HOW WE CAN TURN IT AROUND


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#1WORST INCOME INEQUALITY

IN THE COUNTRY


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198Average income for

groups in New York in

the Mario Cuomo era.

(Inflation-adjusted)

$418,075

50% 50%45% 45%5% 5%1% 1%

$15,746 $13,165

$1,955,494

Average income for

groups in New York in

the Andrew Cuomo era.2 10


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+

368

%

-16%

In the last 30 years, the

income of the top 1% of

New Yorkers has gone up

368%, while the income

of the bottom 50% hasgone down 16%.


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Our child poverty statistics

are astounding and shameful.

Virtually half of children in

Upstate NYs largest citieslived in poverty in 2011.

60%

50%

40%

ChildPovertyRate(Percent)

Source: U.S. Census Bureau, 2011 American Community Survey.

30%

20%

10%

0%

BUFFALO ROCHESTER SYRACUSE SCHENECTADY ALBANY

CHILD POVERTY RATE


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We have less and less jobs

with a fair wage.

Source: Fiscal Policy Institutes seasonal adjustment of

CES employment data and QCEW 2012 annual average

wage data from NYS DOL.

NEW YORKS ECONOMY IS ONLYGROWING LOWWAGE JOBS.

- 51,000

HIgh-Wage Industries ($75K)

- 72,000MIddle-Wage Industries ($4575K)

-100,000 -50,000 0 50,000 100,000 150,000 200,000 250,000

EmploymentchangefromJuly2008to

July2012

+ 223,000Low-Wage Industries (Below $45K)


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HOW DID WEGET HERE?


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WALL STREET AND THE 1% TOOK US WHERE THEYWANTED TO GO


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Cut taxes for the rich

Cut government budgets

& services

Increase corporatewelfare

Profits go to CEOs, not

to workers

THEIR PLAN:


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State taxes cut 40% for millionaires & billionaires

Over 90,000 public-sector jobs lost $7 billion a year in corporate welfare

Profits, productivity, CEO pay & stock prices: up

Workers paychecks: flat or down

THEY TOOK NEW YORK WHERE THEYWANTED IT TO GO:


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THE INEQUALITY CRISIS IS THE DEFINING CHALLENGE OF OUR TIME. President Barack Obama, December 4, 2013


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WHICH NEW YORK DOESANDREW CUOMOCARE ABOUT?

WHICH NEW YORK DOESALBANYCARE ABOUT?


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This years Cuomo budget proposal stands with Wall Street

and the 1%, not with Main Street and the rest of us.


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With all of New Yorks glaring problems,

Governor Cuomos biggest budget priority for2014 will be big new tax cuts. Over $2 billion in

tax cuts targeted to the wealthiest New Yorkers.

TAKE A CLOSE LOOK AT THE GOVERNORS BUDGET


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As schools struggle to maintain teachers

and programs, counties struggle to maintainessential services, and critical programs for the

poor, hungry and sick are cut -- millionaires,

billionaires and bankers are getting a windfall!

WHICH NEW YORK DOES ANDREW CUOMO REALLY CARE ABOUT?


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A budget is proof of who and what you standfor. In this important election year, it seems

that Governor Cuomo is standing for those who

are able to give the most to his campaign the

wealthiest New Yorkers rather than those of

us who are in need.

THIS BUDGET SAYS A LOT ABOUT ANDREW CUOMOAND ITS NOT GOOD!


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New tax cuts for the rich

New budget cuts for everyone else

CUOMOS BUDGET MAKES INEQUALITY WORSE


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A CRUDE AND NAVE TRUST IN THE GOODNESS

OF THOSE WIELDING ECONOMIC POWER His Holiness Pope Francis on trickle-down economics, November 24, 2013


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A billion dollars a year in new tax giveaways

to millionaires, billionaires & Wall Street


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A property tax freeze that gives wealthier New Yorkers

bigger benefits and hurts our schools & communities


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Huge new tax cuts

for the rich huge

new budget cuts for

everyone else


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TAKE A CLOSER LOOK AT THE BUDGET.WHICH NEW YORK DOES ANDREW CUOMO REALLY CARE ABOUT?

THE WEALTHY & WELLCONNECTED OR THE REST OF US?


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WE GET THEY GET

CUTS TO SCHOOL AND SERVICES

Over $7 billion in new

austerity cuts

Unequal schools, unaffordablecollege, essential local

services destroyed


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CUTS TO MIDDLE CLASS JOBS &ANTIPOVERTY EFFORTS

Over a billion dollars in cuts to

antipoverty efforts

No way to address childpoverty, hunger, homelessness

& unemployment

Cuts to middle-class jobs, only

low-wage growth

WE GET THEY GET


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STOPSTOP THE CUOMO TAX CUTSFOR THE WEALTHY


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WE CAN

DO BETTERTHAN WORST IN THE NATION

ITS TIME TO TURN IT AROUND


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Fair taxes

Better budgets Higher wages

More jobs

End corporate welfare

Educate all children

Pass UPKNYC

Support the dream

Boost communities of color

Fight poverty hunger

& homelessness

Strengthen democracyOURPLAN


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Grow the economy from the bottom up

Invest in schools, infrastructure, local jobs & clean energy

Fight poverty & homelessness

OUR PLAN

BETTER BUDGETS


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End the Albany that only works for the super-rich and

powerful corporations

Stand for a New York that works for all of us

OUR PLAN

STRENGTHENDEMOCRACY


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Stop the Cuomo tax breaks

for the wealthy

Middle class over millionaires

State Senate (888) 701-7499

State Assembly(888) 701-0493

Text unfair to 877877 for updates & alerts

DEMAND ACTION:

CALL ALBANY NOW


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ny inequality slide deck vrsn a

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