A discussion on truth, beauty, the American way, humor, intelligence, love, stupidity and where we are today
Saturday, September 24, 2011
"Modern capitalism isn’t working for the middle class" (guest post)
"We know one thing for sure: the gap between rich and poor in the United States has widened in the past 30 years. In 2007 the top 1 percent of earners took home 18.3 percent of national income — that is more than two and a half times their level in 1973, when their share was 7.7 percent. Those at the top haven’t enjoyed such a big slice of the national pie since 1929. The middle-class dominated nation that the Greatest Generation inhabited has become as polarized as the plutocracies of Latin America or as America itself was during its fevered Gilded Age." --Chrystia Freeland. YOU SHOULD GO READ THIS BRIEF ARTICLE: http://blogs.reuters.com/chrystia-freeland/2011/09/20/modern-capitalism-isnt-working-for-the-middle-class/
No comments:
Post a Comment
As a means of purely keeping people from saying mean, ugly, vile or profane or slanderous things, I moderate comments. I'll get your comment up soon as possible (as long as it's not any of the above).