September 7, 2010

Show Them the Money!

Is America's Middle Class Rapidly Shrinking? - The Numbers
"The rich are getting richer and the poor are getting poorer at a staggering rate. ... What has developed is a situation where the people at the top are doing quite well, while most Americans are finding it increasingly difficult to make it. ... Sixty-six percent of the income growth between 2001 and 2007 went to the top 1% of all Americans." I thought all ships, including the middle class, were supposed to rise with the tide under unregulated free-market economic policies. Oh, I forgot. Alan Greenspan, Fed Chair from 1987-2006, said in 2008 that he was wrong about that. WHAT!!! Shouldn't we prosecute him or at least make him pay back the total salary he was paid, $3.8 million?

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