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

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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
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Replying to @marwilliamson
Right it does not trickle down
Replying to @marwilliamson
Quality of life for the poorest among us has improved since the eighties. But who cares?
Replying to @marwilliamson @For2000years
And his loyal accomplice Thatcher here in the UK. All waving the flag for Neoliberalism
Replying to @marwilliamson
You are correct and it also brought crack, homelessness and the start of the downfall of the US..
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Replying to @marwilliamson
The scam called Trickle Down Economics.
Replying to @marwilliamson
Yes! and the absolute BS of "Trickle-down" economics
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Replying to @marwilliamson
Started taxing S.S. too.
Replying to @marwilliamson
Actually I think the problem was when Nixon closed the gold window in 1971. Regonomics was miracle grow on the monetary policy problem. wtfhappenedin1971.com/
Replying to @marwilliamson
The massive increase in CEO and top level compensation started because of Clinton administration policies
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Replying to @marwilliamson
Reagan only cut the taxes for the rich. He raised them for the rest of us every. Damn. Year!
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