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Monday, December 15, 2008

You want transfer of wealth statistics?

One of the things that really frustrated and, in fact, angered me during the campaign for the Presidency, was the ridiculous, obscene accusation on the part of anyone against Liberals, Democrats or specific candidates like Barack Obama that he was a radical, far-left Liberal, at least, and, more likely, Socialist, at worst, who was going to take away our money.

What nonsense.

You want transfer of wealth statistics? You want to hear unfairness?

This from the January, 2009 Harper's Magazine and its Harper's Notebook section I wrote about Saturday--just two statistics:

1) Portion of all US income gains during the Bush Administration that have gone to the top one percent of earners: 3/4 (that's 75%)
2) Increase since 2000 in the number of Americans living at less than half the federal poverty level: 3,500,000

You Conservatives and Republicans and fat cats and "Joe the Plumbers" want to talk "transfer of wealth" now?

Can you say "oligarchy"?

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