The
widening Income Gap
Here is a diagram illustrating the
ever widening gap between rich and everyone else in the USA.
Just how rich
are the rich?
Take a look at this diagram of
musical chairs . We are seeing the beginning of the end of which we
have called contemporary society:
-
Temporary contract jobs with
little or no job security. Increasing numbers of people in
the lower income bracket sliding into debt and poverty.
-
Political disenfranchisement of
the major part of the populous.
-
The erosion of unions.
-
Our institutions (Libraries, roads,
parks etc.) are being disassembled through intent or neglect.
-
Racial intolerance
motivated by financial insecurity is on the increase.
In a nation where the stock market is going bonkers the government is talking about
pushing back the national debt, during a time when there should be plenty for everybody,
we find that this is not the case at all. Something is wrong and we sure can't expect the
people with the money to come to our aid.
The corporations are king. The world economy allows them to go seeking the lowest labor
costs; sovereign governments seem utterly unable to stop this even though it heralds their
own demise. It seems to me that the only reasonable explanation for this is that the
wealthy have essentially become the government. |