Showing posts with label distribution of wealth and income. Show all posts
Showing posts with label distribution of wealth and income. Show all posts

Friday, November 4, 2011

The Black Hole of Wealth

A comment on the prior posting--"Greece on Stage" on November 1--asks: 

"How about some discussion on the growing gap between the rich and the poor and the loss of influence by the workers?"

The literal answer to the question is -- "Because once you get me started on this it might get to a point where you don't know how to get me to stop."

So the discussion begins here and now.  It might be endless.

Wealth and income in this country are becoming increasingly concentrated in a smaller portion of the population.  That fact is an unfortunate experience for millions of Americans who have too little; for many of them it is downright tragic.  That fact is also tragic for the nation.  If not addressed, it will eventually eat away at our cultural, social, economic, political and governmental foundations.