1% vs 99%: Capitalism has been hijacked by greed. For the last couple of decades, capitalism has been primarily benefiting just 1% of our population.
Q: Are you pissed with politics?
I am too, but don’t make the mistake of thinking, "Politician’s just don’t get it." The reality is that conservative politicians are getting exactly what they want.
Here’s some current economic data, courtesy of Robert Reich‘s recent online articles, that illustrates precisely how well conservatives are serving the richest 1%.
Robert Reich was the nation’s 22nd Secretary of Labor and is a professor at the University of California at Berkeley. His latest book is "Supercapitalism."
"New data from the Commerce Department shows employee pay is now down to the smallest share of the economy since the government began collecting wage and salary data in 1929.
Meanwhile, corporate profits now constitute the largest share of the economy since 1929."
"… tax rates on the super rich are now lower than they’ve been in three decades"
"This tsunami of big money into politics is the real public nuisance. It’s making it almost impossible for the voices of average Americans to be heard because most of us don’t have the dough to break through. By granting First Amendment rights to money and corporations, the First Amendment rights of the rest of us are being trampled on."
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