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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Beware of oligarchy's Williamson. IMO Shes a mouthpiece of DNC. Its as tho everything she says has been pre-approved by DNC. She'll keep you in the Repub. vs. Democrats Fake Paradigm 4Ever so that U Support the Rightwing Neolibs. @jimmy_dore @miserablelib @ajamubaraka @MFlowers8
Replying to @marwilliamson
The real question become who Can and has the balls to do something about it? @marwilliamson
Replying to @marwilliamson
In 1972 Nixon gave his buddy Richard Kaiser, the gift of legalizing for profit private health insurance. Previously all healthcare in the uS was non profit. Then Reagan...
Replying to @marwilliamson
But, even if we've been around long enough to view this widening chasm with horror, there are whole segments of the American population for whom economic inequality has always been a devastating scourge. Reagonomics AND racism were/are both punishing systems.
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Replying to @marwilliamson
Actually it started in 1972 (the year Biden won his 1st senate election) See graf#2 at: bit.ly/EPI-study Vast maj of workers hav suffered 49 years of declining expectations in an econ they helped grow 150%, nearly 90% of gains flowing to the <1%. They r pol orphans.
Are you saying we started the War on Poverty 15 years too early? Or everyone was equally impoverished?
Replying to @marwilliamson
Not mention Walmart helped destroy main street in so many small towns
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Yup...right down to the "make America great again" slogan.
Replying to @marwilliamson
I read mental health clinics were closed, and patients ended up on the streets. Yes, that was the begginning of many inequality issues.
Replying to @marwilliamson
Regan destroyed the middle class! I clearly remember most families having only one parent working and making ends meet.