Graph derived from U.S. Census 2006 Economic Survey. Via Wikipedia.
All too often I get pieces of what I think of as "investment spam," email newsletters that promise me the secrets of easy wealth. Mostly they go straight to my spam folder and I never read them. But today one piqued my curiousity: "Republicans & Hillary On Track To Lose Election".
The Democratic primary season has brought out the partisan pseudo-pundit in this purveyor of get rich quick nostrums.
Final emphasis added.
The deeply oligarchic inclinations of this writer, and his party, leak through the talking points. There is no evidence that giving more money to people who don't need it (cutting taxes) does anything for the overall health of an economy already hampered by inequality.
But apparently this guy is sure that the 83 percent of us who live in households bringing in less than $100,000 don't know what is good for us. Unfortunately for the Republicans, we do vote and after seven years of the Bush disaster, we know we want CHANGE.
Now whether the Dems can deliver change, there's a question -- but meanwhile we can enjoy watching plutocratic Republicans squirm.
UPDATE: For a clear witted summary of what economic inequality is doing to the well-being of all of us by a guy, Robert Reich, who really does know what he is talking about, see this. He even suggests remedies.