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    “We can have a democracy in this country or we can have great wealth concentrated in the hands of a few, but we can't have both.” US Supreme Court Justice Louis Brandeis (1846 – 1941) . Here's a ...
    February 3, 2010

    “Many people don’t understand our country’s problem of concentration of income and wealth because they don’t see it. People just don’t understand how much wealth there is at the top now. The wealth at the top is so extreme that it is beyond most people’s ability to comprehend. If people understood just how concentrated wealth has become in our country and the effect it has on our politics, our democracy and our people, they would demand our politicians do something about it.” (Source)

    3y

    7 comments

    • Florida Mermaid

      One more tax cut for the rich and we'll be right back where we were just before the Great Depression. The last time the rich and mega-rich stepped in and bought up America for pennies on the dollar.

    • Gary Zajac

      It’s good to be rich in America - Share of nation's Income Gains Going to Top 1 Percent at Highest Level Since 1920s --- (Graph 2 of 2)

    • Eric Addy

      Record low tax rates during the Bush tax era have been good to the top 1%, now if they would only invest all that money. I guess the economist are right, no business will hire just because they are given tax cuts. So much for Trickle Down magic.

    • Eire Sicilia

      The Top 1 Percent Are Taking In More Of The Nation’s Income Than At Any Other Time Since The 1920s: Not only are the wealthiest 1 percent of Americans taking home a tremendous portion of the national income, but their share of this income is greater than at any other time since the Great Depression, as the Center for Budget and Policy Priorities illustrates in this chart using 2007 data:

    • ♻️ ☯ Chuck Meyer 🌱 ツ

      The real reason why Super Rich hate Obama: He's calling them out on fairness, so they call him a socialist. As you can see, the Income Differential between 1923-1929 (pre-Great Depression) is similar to how it was 2002-2007 (pre-Great Recession). Our country flourishes best when the Middle Class grows at a similar rate to the elite class. Republicans have pledged to make this income inequality greater & to further lower taxes on the super rich, & raise taxes on the already weakened middle class.

    • Lynne G

      Income distribution...Great Depression & Great Recession

    • Anne Greenwood

      income inequality 1920s

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