The income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the st
June 16, 2005

The income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the stability of democratic capitalism itself. Is that a liberal's talking point? Sure. But it's also a line from the recent public testimony of a champion of the free market: Federal Reserve Chairman Alan Greenspan.... "As I've often said, this is not the type of thing which a democratic society - a capitalist democratic society - can really accept without addressing," Greenspan told the congressional hearing. read on

Greenspan's insistence that education is the cure I think is a way of him to deny his role by signing on to President Bush's tax cuts. Kos says: That was unexpected.

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