Washington Pre-Occupied

[Crewleader]

Thursday, November 3, 2011

by Robert Reich

The biggest question in America these days is how to revive the economy.

The biggest question among activists now occupying Wall Street and dozens of other cities is how to strike back against the nation’s almost unprecedented concentration of income, wealth, and political power in the top 1 percent.

The two questions are related. With so much income and wealth concentrated at the top, the vast middle class no longer has the purchasing power to buy what the economy is capable of producing. (People could pretend otherwise as long as they could treat their homes as ATMs, but those days are now gone.) The result is prolonged stagnation and high unemployment as far as the eye can see.

Until we reverse the trend toward inequality, the economy can’t be revived.






http://robertreich.org/post/12303771388

[RKP5637]

1. People are fed up with the BS we call an economy in this country and being

steamrolled with the greed and corruption we call capitalism. It's a BS system and Americans are waking up. The question is, how to "reverse the trend toward inequality" most effectively. I think all hell is going to breakout if this continues. Eventually even those asleep at the wheel will realize their wheels are coming off.