The Burdens Of The One Percent

Mar 04, 2013 23:18

The top 1% in a nutshell: Since the 1970's, their income has skyrocketed, their share of the nation's total wealth has steadily increased, and their tax "burden" has effectively gone down. Meanwhile, for a large percentage of Americans, real wages have remained stagnant.

It should surprise exactly no one that the poor are the ones who get screwed the most from the sequester. Just as it is the poor and other vulnerable members of society who largely bear the brunt of political "compromises" designed to "reduce spending".

But even though the sequester is screwing a lot of our most vulnerable citizens, what hurts just as much is when those same people are the victims in yet another compromise. So at this point, I'm starting to think that maybe no deal is better than another bad deal.

government, economic justice

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