There is a documentary coming out in theaters very soon on Dr. Reich (an adviser for Bill Clinton and Jimmy Carter) and his efforts to travel the country to make people aware of the outrageously growing income inequality in the U.S. and the negatives long term affects on our society.
A recent report not related to this documentary (although I’m sure they’ll mention it in some capacity): 95% of the wealth gain during this ‘great recession’ has gone to the top 1%. So the rich get really rich during normal economic times and get really rich during recessions. So ask yourself? What incentive do the wealthy (and by that politicians) have to change things? They will get rich no matter what and the middle class only gets poorer, during recessions and regular economic times. They don’t have an incentive so its up the the citizens to take action. Have some suggestions? Please post them in a comment. Here is the link to the report and you can google it too if you require further resources. Its a true stat…
http://blogs.wsj.com/economics/2013/09/10/some-95-of-2009-2012-income-gains-went-to-wealthiest-1/
Watch the trailer and notice the graphs. Those graphs are available across the web and represent the true data in income inequality growth. Notice the Reagan years and the spike in income inequality since then….