Cognitive Dissonance

"Democracy! Bah! When I hear that I reach for my feather boa!" - Allen Ginsberg

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Plutocracy Reborn: U.S. Wealth Inequality Gap Largest since 1928

The greater the disparity in wealth between the very rich and everyone else, the more unstable an economy becomes. Our nation has now created a larger gap in the distribution of wealth than the massive chasm that helped fuel the Great Depression. In 1928, one year before the global economic collapse, the wealthiest .001% of the U.S. population owned 892 times more than 90% of the nation’s citizens. Today, the top .001% of the U.S. population owns 976 times more than the entire bottom 90%. This is not sustainable, and makes for a very volatile economy. It would appear that the American empire is about to crash.

I’ve been saying this for awhile now…

(Source: facebook.com, via savagemike)

Filed under Plutocracy rich Rich versus Poor we're fucked with a capital fuck American Empire inequality economic violence

  1. activistassignment reblogged this from cognitivedissonance
  2. jkirchartz reblogged this from cognitivedissonance and added:
    And our new tax breaks ensure the income gap will grow even larger…
  3. jjarichardson reblogged this from cognitivedissonance
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  6. countlessscreamingargonauts reblogged this from cognitivedissonance and added:
    Awesome. Time to invest in a refrigerator box…
  7. hissingbooth reblogged this from cognitivedissonance
  8. cognitivedissonance reblogged this from savagemike and added:
    I’ve been saying this for awhile now…
  9. savagemike posted this