The resistance will take the form of subverting the signifiers of wealth that exemplify the few who have benefited so greatly while everyone else lost ground.
It's time to trade in your Jag, Mercedes, BMW (and maybe your Prius, Volvo, Lexus, etc.) before the Days of Rage start. As I've explained before ( As the "Prosperity" Tide Recedes, the Ugly Reality of Wealth Inequality Is Exposed), the rage of the masses who have been losing ground while the Financier Oligarchs, the New Nobility and the technocrat class reap immense gains for decades has been suppressed by the dream that they too could join the Upper Caste.
But once the realistic odds of that happening (low) sink in, the Days of Rage will begin. For those still who don't know the facts of rising inequality, here's what you need to know.
The top 1% skim 23% of all income:
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
"The top 1% skim 23% of all income"
ReplyDeleteThis seems to be a terrible injustice until you look at the whole story. If you add up the incomes of all workers it comes to just over $8.6 trillion. The federal government spent $3.8 trillion and collected $3.3 trillion or 43% and 38% of all income. If you add in State and Local government spending into the equation it would equal 72% of all income. Obviously government has become to big.
Your math leavs much to be desired
DeleteAnonymous Anonymous said...
ReplyDeleteYour math leavs much to be desired
September 26, 2015 at 5:35 AM
Please explain.
"Your math leavs much to be desired"
ReplyDeleteSo does your comment. 9:35 makes a valid point.