Tuesday, April 5, 2011

Government Shutdown?

The federal government is pondering a shutdown again this Friday.  Dr. Robert Reich asks these simple questions of the American people:

  • Why are most citizens in the richest nation in the history of the world losing good jobs, good wages, and vital public services?
  • The American economy is twice as large as it was in 1980 but hourly wages have barely budged, and public schools and infrastructure are worse. Why?
  • Third riddle: Why are the top 1% taking home twice the share of income and wealth they did 3 decades ago, and at a far lower tax rate?

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