Sunday, June 29, 2014

GV News: Big money pushing millions into poverty

This is not news; economic inequality has been a theme on this blog before.  But it is worth reading about again and thinking about anew anyway.  Because America is, as they say, cruisin' for a bruisin'.

The huge (and growing huger) gap between rich and poor is a serious threat to our democracy.  Notice I did not mention middle class because in the analysis in the GV News today, the middle class is barely distinguishable from the poor.  The uber wealthy keep racking up major gains in wealth while middle class wages decline.  This cannot last, at least not if we want to keep our country safe and strong.

GV News Columnist Ed Lord provides more details of what's been happening.  He also provides a link to a Bill Moyers article that contains an excellent set of graphics showing how reality is much worse than what we think it is or would like it to be.

What can be done?  See the Scriber's post today on the Joseph Stiglitz article, "Inequality Is Not Inevitable."

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