U.S. INCOME Inequality grows from 1973 to present; The Plutocracy

[MrVanjones]

who cares? envy is one of the seven deadliest sins. Steve Jobs got filthy rich and everyone is better off for it. This is a bad thing?

[Ralphdraw3]

@MrVanjones More people on food stamps, more people in debt, more people in poverty, more people losing their homes, the government is $16 trillion in debt.

[hookalakah]

President Oama's chief of staff, William Daley, reported getting more than $20 million in salary, bonuses and other income last year. Daley got much of his income from JPMorgan Chase & Co., where he was a top executive. The White House says he's recusing himself from any matters involving JPMorgan and also divesting all of his holdings in individual companies.

[impeachthem]

Superb work Ralph, thank you! We're putting up on our site ProsecuteThemNow (dot) com

Hutch - info (at) impeachthem (dot) com

[666brainiac]

Good video. Thanks for letting me know about it.

[5LiterRapesCAMAROaSS]

If you go back in history the same "history repeats itself" term is happening again. In the 1920s before the Great Depression the rich started hoarding all the cash & did not invest. FDR had to invest on the bottom 98% percent of people bcuz all the plotucrats would not invest in the country. The same thing is happening right now. Except that our jobs our going to other countries. The rich are not investing in our own country in MFGing and so on. We can't consume if you don't pay us to consume!

[sfjeff1089]

@5LiterRapesCAMAROaSS I agree with a lot you are saying, but I disagree with the idea that globalization is new. They were experiencing many of the exact same globalization issues 100 years ago. Imagine people's astonishment when they realized that by bringing back the middle class we did just fine, thank you, in the global economy.

[goog2k]

In 1979, before Reagan, the top wealthiest 1% earned 9% of our GDP. They now take 23.5% of GDP -- the highest percentage since 1929. -- Robert Rubin in "Aftershock."

Atrocious!

[Salvysahagun]

@goog2k

discussing income inequality the way its currently done is the same as chairs on the titanic deck.

Pointless.

[themeaningoflife38]

they want as many poor people as possible.More desperate people willing to work for less means more for them less for you.

And they arent done yet,the right wing fascists will try to make things as bad as they can to punish everyone for electing Obama.

[JaguarEscarlata]

Stats might be boring, but sure are insightful.

[FlintPublic]

Right on. Try laying a graph of income going to top 1 percent since 1928 over a graph of percentage of private sector unionization for the same period of time. The correlation is uncanny.

[justonefirefly1]

Keep it up - really good