U.S. Economic Gap Ignores Lower 90 Percent

Max Wolff (Economist, The New School) discusses current economic problems and the changes to the U.S. Economic System over the past 30 years that have effectively ignored the lower 80 to 90 % of Americans. Massive tax cuts for the wealthiest Americans with no matching programs for the Middle and Lower classes is just one example of the great imbalance that has caused many Americans to reject government, a system that gave working class citizens in this country the highest standard of living on the planet up until 30 years ago.

Category:

News & Politics

Tags:

• Economic Gap
• Rich and Poor
• Economic inequality
• Class Division
• Wealthy Tax Breaks

[MrFreeLibertarian]

@rickbar123 The "rich" didn't screw with anything. The POLITICIANS did! Anybody who hasn't figured that out by now probably went to a government school. I would LOL but your pathetic ignorance isn't funny. Education standards for children in this country have really gotten bad.

[rickbar123]

@MrFreeLibertarian lolol........... they screwed with grandmoms medicare and ss.................see ya

[MrFreeLibertarian]

@rickbar123 OK If you really want us to put the Republicans back in office, that's what we'll do (with your permission of course). Enjoy election night!

[pretorious700]

@rickbar123 Yeah, things got so much better under Obama.

[monkeywolf]

@rickbar123 Stupidity...you exemplify it.

[rickbar123]

Good old Milton Freidman Economics- The Rich get Richer and the Middle Class and Poor get screwed. Hey Tea Baggers, put the Repubs back in office then bend over for a real screwing over.