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View Diary: 12 Charts Show HOW Trickle-Down Fails, Gross Income Inequality, and WHY You feel pinched (18 comments)

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  •  Incredible compilation (7+ / 0-)

    and disturbing.  

    How will the economy ever work for everyone if money is being rapidly siphoned out of circulation and hoarded by 1% of the participants?  

    The bigger question is why do the teabaggers who aren't among that 1% so supportive of these trends?  

    Political compass: -8.75 / -4.72

    by Mark Mywurtz on Tue Jan 08, 2013 at 06:06:16 PM PST

    •  It Hasn't Since Disco, and It Can't. That's Why (7+ / 0-)

      we have vulture capitalism now. The 99% can't buy much more production, so there's no use in business investing in production. That's why they're sitting on 2 trillion in cash, no point hiring or upgrading.

      More and more, capital can only make money by gambling on other investors, or by extraction in predation of businesses it wrecks.

      When there's no more food, a body eats its own muscle.

      Ownership knows all this, it's returning humanity to our 10,000 year norm of economies only working for the few owners.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Tue Jan 08, 2013 at 06:18:20 PM PST

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    •  It Hasn't Since Disco Because It Can't. That's Why (3+ / 0-)

      business is sitting on 2 trillion; no point hiring or upgrading facilities when the people can't afford to buy increased production.

      Capital increasingly looks for returns from either gambling on other investors or from vulture capitalism wrecking businesses.

      Top ownership understands everything in this diary. The diary charts their return of humanity to our 10 millennia norm of economies working well only for ownership.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Tue Jan 08, 2013 at 06:24:24 PM PST

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      •  Well said, Gooserock. I share your ire. (1+ / 0-)
        Recommended by:
        Words In Action

        Beginning in 2008 I watched huge, new apartment complexes going up.  A one bedroom (teeny) rents for almost $1,100 a month in south Salt Lake County.  NO relationship to wages at all.

        It's difficult to be happy knowing so many suffer. We must unite.

        by War on Error on Tue Jan 08, 2013 at 06:29:52 PM PST

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