1/ The reason extreme income inequality is so viscerally repulsive to me is because I’m old enough to remember the time - before 1980 - when it wasn’t this way. It all started with the Reagan tax cuts and Reaganomics in 1980.

Jan 3, 2021 · 8:19 PM UTC

140
419
38
2,951
2/ Example: Walmart corporation made $16.4B in profits in 2011 yet pays its employees minimum wage. The family has $100B, more than bottom 40% of all Americans. Unjust economic policies made this possible, and no one no one no one should be okay with it. #TaxTheRich
44
103
5
882
Load newest
Replying to @marwilliamson
I only turned 13 in 1980, but I remember, too.
Replying to @marwilliamson
Dont listen to ol Thom Hartman anymore, he has turned too milquetoast for my tastes... but god bless him... he has been yalking about this for years and years and years.
1
Replying to @marwilliamson
why am I seeing your posts? I never followed u.
Replying to @marwilliamson
It was awesome before Reagan. Almost everybody was poor. There are way less people in poverty worldwide than at an time in the world’s history.
Replying to @marwilliamson
I would say income inequality has always been pretty severe for minorities in America.
1
3
Replying to @marwilliamson
The Gini coefficient was proposed by Gini as a measure of inequality of income or wealth Million dollar questions: Which politics has widened the gap ? Which politics can closing the gap?
1
2
Replying to @marwilliamson @erikaheidewald
The right time but it was because of the bailouts. these companies rip us off and then they fail and we bail them out and so the same people still run them and they use the money we give them to lobby
1
Replying to @marwilliamson
Started in 1913.
Replying to @marwilliamson
That's what's happening across Europe too.
Replying to @marwilliamson
Organized crime infiltrated and corrupted every institution
Load more