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Old 12-06-2011, 05:20 PM
parsonsj parsonsj is offline
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The issue is the trends over the past 30 years, which, if it continues, will most certainly destroy American society.

Here's an excerpt from the non-partisan CBO Report on income growth over the past 30 years:

The share of income going to higher-income households rose, while the share going to lower-income households fell.

The top fifth of the population saw a 10-percentage-point increase in their share of after-tax income.

Most of that growth went to the top 1 percent of the population.

All other groups saw their shares decline by 2 to 3 percentage points.


This can't continue indefinitely or eventually we'll all be serfs in the fields of the Lords and Ladies of America.

The question is: what should be done to ensure that Americans share more equally in the growth of the economy over the next 30 years?

Here's the whole report:

http://www.cbo.gov/doc.cfm?index=12485
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Last edited by parsonsj; 12-06-2011 at 05:24 PM.
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