Our countries **** education system is a big reason for this.
If there's a god, damn it she won't mind.
If there's a god, baby she won't mind.
A screaming comes across the sky.
It has happened before, but there is nothing to compare it to now.Pynchon - Gravity's Rainbow
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
well, instead of conjecture one could always simply paste a link from DAVID VINES
or EZRA KLEIN, the founder of JOURNOLIST
you are right when corporations, or those who whine about them, lose sight of the fact that PROFIT is the main reason for creating a corporation, things go to hell quickly
Why is this noteworthy?
The difference recently is that big government, big business and big unions are all in the same bed. What a racket that is!!
What does any of this have to do with the rich-poor gap widening? I guess I just have two questions for now to anyone who thinks it is ok:
1) Would you agree that the increasing/decreasing tax rates have clear affects on the rich/poor gap?
2) Are things better now and at the turn of the 20th century than they were in the middle of the 20th century?
In case you forgot, here is that graph again (I appear to have lost the link to my original source but here is another):
Wealth And Inequality In America
Hopefully someone can find a better income tax link than my wikipedia one:
Other credible links on the widening income gap.
Inequality in America: The rich, the poor and the growing gap between them | The Economist
And a few more charts for fun:
More proof that cash flows up hill. If you give tax breaks to the wealthy, they keep the money.
Ted Cruz is the dumbest person alive.