The best short-form summary of wealth and income inequality Ive ever read. Please read and pass along. For more historical context and to further demonstrate how corrupt the government and economic system have become; if household income had kept pace with the overall economy since 1970, the current annual median would be $95k, almost double what it presently is. On top of that, it was normal to have only one wage-earner per household in 1970, as compared to two now ...... The need for significant systemic change is now a mathematical fact. Corruption, greed and economic inequality have reached a peak tipping point. The delusional political class and mainstream media uphold the status quo as if it is insurmountable. In reality, it is highly unstable, unsustainable and collapsing at an increasing rate. daviddegraw.org/peak-inequality-the-01-and-the-impoverishment-of-society/
Posted on: Sun, 24 Aug 2014 04:12:17 +0000
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