Denver Debate
Why Let the Rich Hoard All the Toys?
This inequality is a central challenge for the United States today and should be getting far more attention in this presidential campaign. A few snapshots:
• The six heirs of Sam Walton, the founder of Walmart, own as much wealth as the bottom 100 million Americans.
• In 2010, 93 percent of the gain in national income went to the top 1 percent.
• America’s Gini coefficient, the classic measure of inequality, set a modern record last month — the highest since the Great Depression.
Also: http://inequality.org/
“After all, the United States enjoyed strong growth in the 1950s when we were a more egalitarian country, even though the top income tax rate in that decade was always more than 90 percent.”
Medicare, education, public transportation could be paid 4 easily: youtu.be/rpbRXXntGM8 #2012debate #debates #debate2012 #denverdebate
— Occupy Wall Street (@OccupyWallSt) October 4, 2012