Should we be concerned about growing income inequality?
Or should we embrace our future as the next......Brazil?
posted over 8 years ago
The New York Times had an article today that summed up the growing income inequality.
"In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers.... The top 1 percent, whose average income is $1,019,089, had an 11.6 percent increase in income.....
The bottom 99 percent received a microscopic $80 increase in pay per person in 2010, after adjusting for inflation."
---> Should we be concerned about the increasing gap between the Ueber-Rich and the rest of us? Or should we just embrace our future as burger flippers to the rich and famous? Is this the "real class warfare" that the Republicans like to talk about....the one being waged on wage slaves?
(edited over 8 years ago)