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Financial inequality became even wider in the United States last year, with average income for the top 1 percent of households surging 7.7 percent to $1.36 million.
Income for the richest sliver rose twice as fast as it did for the remaining 99 percent of households, according to an updated analysis of tax data by Emmanuel Saez, an economics professor at the University of California, Berkeley.
Even though the 99% also saw gains, the very rich pulled further ahead, increasing inequality and by definition, decreasing democracy. Because we have to choose; either massive income and wealth inequality where the donor class buy elections; or democracy. This inequality is DESIGNED by the donor class and we get what we deserve when we continue to vote for their puppets in both parties. Only Bernie Sanders was beholden to no one but the people in this election and fought for the 99%.
I've never been happy to donate to a candidate until this year. It truly was a political revolution.
The fight continues. Join up to fight for Congressional candidates like Pramila Jayapal, Tim Canova. Another strong Bernie supporter; Zephyr Teachout in NY, won her primary a few days ago.
It's been this way for years......unfortunately a good percentage of those complaining really don't care, they just think the argument will help their politics.
It's been this way for years......unfortunately a good percentage of those complaining really don't care, they just think the argument will help their politics.
Do you mean a good percentage of the politicians? Because if we're just talking people, I think most of the people talking about it do actually care.
In fact, politicians wrote legislation over 100 years ago explicitly specifying that they do not control the money supply
Indeed they don't control the money supply, but the GOVERNMENT does under the auspices of the FED. So technically no single politician control the money supply. They do control the government that also controls the FED.
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