American worker's Real (adjusted for inflation) Median Income peaked in 1970, and has been declining ever since. Less than 9% of the American workforce is unionized, and at least 20% have no health insurance, and only half have any sort of pension plan (25% of which are frozen), and which collectively have been underfunded by $450 billion. 15% of American workers have a net worth of zero; 20% earn less than $20,000 a year. The price of gasoline and food is up 40%. 2.5 million Americans face foreclosure this year. The average American has 8 credit cards, and owes $8,000; an increasing number are using credit cards to pay for monthly basic necessities and health care, total consumer debt is $2.46 trillion and increasing. Bankruptcy filings are up 95.8%. The real unemployment rate is 12.3% and expected to grow at least through 2009. Nearly half a million jobs have disappeared so far this year alone. Most of these numbers haven't been seen since the Great Depression.

Meanwhile, income of the richest 10% rose 87%; income of the richest .1% rose 181%; and income of the richest .01% rose 497%, a distribution of wealth not seen since the Gilded Age.

Precisely what, pray tell, does the working class have to "celebrate" on Labor Day?