Haves And Have-Nots

Another day, another mind-blowing fact about the staggering difference between the haves and the have-nots.

Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011 (when you adjust those incomes for inflation), according to an analysis by Pulitzer Prize-winning journalist David Cay Johnston for Tax Analysts. During the same period, the average income for the top 10 percent of Americans rose by $116,071, Johnston found.

To put that into perspective: if you say the $59 boost is equivalent to one inch, then the incomes of the top 10 percent of Americans rose by 168 feet,…


A thought from one of my favorite books:

…Greece declined because men came to distrust reason and Rome fell because it tried to maintain an exclusively privileged society wherein the rich were enervated and the poor alienated...

-From Total War by Peter Calvocoressi and Guy Wint

Has the Western world learned anything?


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