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But sales to diversified industrial customers grew just 0.3% due largely to a sharp volume decline in the class 8 truck market.
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Heath said: "The Conservatives may need to adjust their appeal in the same way Labour created New Labour to deal with the decline in the working class [vote]." In 2010 the Conservatives won 306 seats, 20 short of a majority, to Labour's 258, with the Lib Dems taking 57.
Thus, he says that all of the "decline" in the middle class was due to people moving up the income ladder.
He writes in the Wall Street Journal: "In the past four years alone, since the Federal Reserve started aggressively expanding its balance sheet, the declines in the middle class's real income have been particularly severe". That's only the tip of the iceberg.
"The rise in inequality seems to be driven by gains at the upper end of the income spectrum and declines in the middle class," notes Business Week.
Yesterday's settlement does not cover securities cases being brought by investors who declined to participate in the class action.
It's hard to draw a direct line between the increase in payroll taxes, the stagnation of middle-class wages or even the continual decline in middle- class wealth and last week's election outcome.
Of interest here is the decline in the 'no fire risk' class, in both summer and winter.
In the 1990s, forecasting a decline in first-class mail, the Postal Service tried several nonmail products, like phone cards, money transfers and e-mail accounts.
These two factors have combined to produce a decline in the share of middle-class wealth".
The plan was spawned because of a 29percentt decline in the volume of first-class mail over the past decade.
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