Keep in mind, the real incomes of the top 1% have increased by 700% over the last thirty years. Over that same period of time, the increase for the average, working American has topped out at about 22% (one third the growth of the previous 30 years).
That quote from the original article I posted still boggles my mind. This is the core, economic issue of our times. Who's talking about it in Washington? Less than a handful that I know of - Bernie Sanders, Sherrod Brown and Mary Landrieu. And that's about it. And yet, history tells us that few elements of a society carry as much danger as income inequality. This is why I'm coming to despise Obama. He's phoning it in. It doesn't matter that you have a bunch of troglodyte reactionaries jamming the works on the Right. If that happens, you get out on the road like TR and you start leading. You start making the argument.
Like this, Barry:
At many stages in the advance of humanity, this conflict between the men who possess more than they have earned and the men who have earned more than they possess is the central condition of progress. In our day it appears as the struggle of freemen to gain and hold the right of self-government as against the special interests, who twist the methods of free government into machinery for defeating the popular will. At every stage, and under all circumstances, the essence of the struggle is to equalize opportunity, destroy privilege, and give to the life and citizenship of every individual the highest possible value both to himself and to the commonwealth. (TR)
Obama is just another status quo president, like Clinton.
That 27% unemployment rate in Spain is going to take that country apart. I just hope that fascism doesn't rear its ugly head again.