It's been a busy few weeks in the news--protests in light of grand jury decisions regarding the murders of Michael Brown and Eric Garner, the CIA torture report, President Obama's change in policy toward Cuba, the Cromnibus bill. Lost in the shuffle is a new report from the Pew Research Center which shows that the wealth gap between rich and poor and rich and the middle class is at record levels.
Now, the top .1 percent of Americans own 22 percent of all the wealth in America or more than the bottom 90% of us. A little more than 300,000 people own more than a little more than 300,000,000 of the rest of us. It's hard to see how that can be sustainable in what they tell us is the land of hope and dreams.
Not to take anything away from the importance of the stories of the last few weeks, but it's doubtful how much they'll matter in a country where more and more Americans either live in economic misery or have to take up arms just to survive.
Peace,
emaycee
Monday, December 22, 2014
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