When reviewing those line charts it's helpful to visualize those as mountainous piles of gold that you and I don't have, but that we made.
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It is such an important point to make that “we” (ie the working middle class) MADE that wealth. We just don’t get to participate in it.
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At least 40% of that 90% vote to keep politicians that keep these policies in place in power. If we want different polices that actually serve the people we’ve got to vote better. We have vote for changes we want to see.
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Yep, but people don’t seem to care. Dreams of jittingthe lottery and joining the über rich
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"tHeY jUsT wOrKeD hArDeR!"
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Saying it has gotten worse is simply a lie. It has increased less than for the rich. That’s different than it being worse. Having a cell phone, car, flat screen tv, air conditioning because of the innovations of rich people is something you should be thankful for not crying about
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This distinction is actually important because the GOP stays in power largely by lumping the top .01% in with the rest of the top 1% and courting favor and support via that group. Working people in the top 1% pay a disproportionate amount of taxes, while .01% get an easy ride.
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Thanks Reagan.
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Much worse
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A 2001/02 recession and a 2008/09 crash from which most of us never recovered.
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Oh, and let’s thank “W” for both of those while MSM is conducts a post-POTUS hug fest with him.
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And Trump has the nerve to call out his tax plan as a positive thing for most of us. Another scam..
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I’d like to see the breakdown by Liberal and Conservative for the top 2 lines. I think that would wake up a lot of people.
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Why is this happening!? What has changed in policy to accelerate this inequality?
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Wealth grows exponentially due to compounding interest. Even with higher wages, their wealth would still grow: it's not a zero sum game. You also fail to account for the abandonment of the Gold Standard in the 70s, increasing money supply.
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But of course it's gotten worse. Wealth is relative and if everybody had it, then nobody would. For that reason alone, those at the top will always make sure they remain there.
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We need to organize ourselves
@jamiicdcga http://www.jamiicdc.com/thejamiicenter/ - 2 more replies
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