It is time to resurrect this concept—that solidarity among Americans means there is a limit to the income inequality that we will tolerate, a limit to the social costs corporations can impose, and an entitlement to a European quality of life, with vacation, health care, retirement, unemployment, training and an adequate welfare system.
An informative piece is The Tax Cut and the 2 Million ton Cap.
The bottom 80% of Americans lost ground in terms of share of income since the time of Ronald Reagan. The top 20% gained some share of income, but the top 5% gained nearly 75% of all share of income given up by the bottom 80%.
This is not class war. It is class rape.
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