The Politics of Plutocracy

Quote:
But this is no ordinary election. That so much scrutiny has fallen both on how Mitt Romney earned his fortune (in the ruthless world of private equity) and his tax rate (15%, less than what some middle-class families pay) is a sign something has changed. For that, credit a decade in which the median family in America saw its real income fall by 7%, even as the top 1% grabbed a share of national income unseen since the 1920s (see article), and a level of unemployment that, though falling, remains troublingly high.


This just in - The Economist now known as The Socialist, because they are pretty much repeated income inequality arguments I was making verbatim, with the graph and all.


[Linked Image]