David Cay Johnston: U.S. Is Redistributing Income - Up

up

From this Wednesday's The Young Turks: On US income inequality: ‘We are redistributing income in this country — up’ :

Cenk and investigative journalist David Cay Johnston dig into ongoing income inequality struggles in the United States. Between 1966 and 2011, the richest 1 percent of Americans saw their average income increase by more than $18 million. Meanwhile the bottom 90 percent have only seen average incomes increase by $59. Cenk asks, “Are we being robbed blind?” Johnston says, “Oh, unbelievably. This is not because American workers have suddenly gotten lazy. It’s because government policies have changed, and what they’re doing is the exact opposite of the myth we’re being sold.”

Comments

We welcome relevant, respectful comments. Please refer to our Terms of Service for information on our posting policy.