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Monday, January 16, 2012

How Washington And Big Business Colluded To Make The Rich Richer

This weekend Bill Moyers returns to television with Moyers & Company. In his first show, Bill explores how Washington made the rich richer at the expense of the middle class. On Friday, the premiere episode of Moyers & Company, Bill’s guests – Jacob Hacker and Paul Pierson, authors of Winner-Take-All Politics: How Washington Made the Rich Richer -- And Turned Its Back on the Middle Class, argue that America’s vast inequality is no accident, but in fact has been politically engineered.

How in a nation as rich as America can the economy simply stop working for people at large, while super-serving those at the very top? Through exhaustive research and analysis, the political scientists Hacker and Pierson -- whom Bill regards as the “Sherlock Holmes and Dr. Watson” of economics -- detail important truths behind a 30-year economic assault against the middle class.

Who’s the culprit? “American politics did it-- far more than we would have believed when we started this research,” Hacker explains. “What government has done and not done, and the politics that produced it, is really at the heart of the rise of an economy that has showered huge riches on the very, very, very well off.”

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1 comment:

lmclain said...

Where ARE you idiots who keep telling everyone to "relax" and "the system is working"? Apparently still sleeping or believing every slogan and mantra spoken by (very rich) politicians AND wannabe politicians. Apparently, Moyers has done some research that YOU haven't....Okay, everyone, all at once, ---USA! USA! USA! Awwww, that was good!! I feel much better now....Now go back to sleep --- we will wake you up in time for the war against Iran. Or, the foreclosure on your home. Whichever comes first.