Ongoing discussion of how Michigan burdens its taxpayers as well as other Michigan Issues, Satire, and Commentary
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Posted at a Ford auto making facility.
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Excellent; The 99 percent are finally fighting back. The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976. That means the United States now arguably has a more unequal distribution of wealth than traditional banana republics like Nicaragua, Venezuela and Guyana. I don’t want the U.S. to be a banana republic.
In 1965 the average CEO was earning 24 times what the average worker was making. But by 2001 the C.E.O.’s of the largest American companies earned an average of 531 times as much as the average worker.
Only now when the disappearing middle class fights back is it “class warfare.” The 1 percent has been waging it and winning it for a long time.
[…] MTTM: Obama’s Army RR: Local News Reporter Confronts President Obama About Tax Payer Funded Vacations (VIDEO) WWTFT: A Few Words From an IRS Commissioner under Eisenhower Slack: Just in case… BdKS: Maureen Dowd Might Want To Make Babies With Jon Stewart And Stephen Colbert…but nobody watches their stupid pointless shows. Share this: This entry was posted in links by steve. Bookmark the permalink. […]
That’s an easy fix. Don’t buy anything the UAW/CAW touch.
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