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
Why do you think income inequality is inherently a bad thing?
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Replying to @marwilliamson
Seeds planted 2 years earlier: "The first crack came in a case that involved neither candidate elections nor federal law. In 1978 a sharply divided Supreme Court ruled for the first time that corporations have a First Amendment right to spend money on state ballot initiatives."
Replying to @marwilliamson
Yep
Replying to @marwilliamson
Same 💔
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Replying to @marwilliamson
Era of excess.
Replying to @marwilliamson
Reagan disrupted the Monetary dystem by pumping then billions of dtimulusvinto the Military which created the excess delusion. Excess never reached main street except at the Defense levels.
Replying to @marwilliamson
Marianne no one is forced to work a minimum wage job for life you know right?
Replying to @marwilliamson
You know, it's not complicated. - When you offer goods or services to society that society values (smart phones for example) you get rich. - When you offer goods or services to society that society does not value (mud pies for example) you stay poor.
Replying to @marwilliamson
Yes, it did.
Replying to @marwilliamson
Wow, so wrong and inaccurate it’s hard to comprehend.
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