Tuesday, March 8, 2011

The wealth gap

Here is a couple of graphs that say so much of what is wrong with the U.S. economy.
As more of the fruits of the productivity gains over the last 20 or so years have gone to the top of the wealth pyramid, so the money has come out of the productive economy and ended up in financial instruments.
Would it have been so bad for wages for working people in this country to have kept up? Maybe the middle class would not be in such a debt hole. Maybe both parents wouldn't have to work to make ends meet. And maybe the kids would do better in school with one parent home after school

. Here is a book that is a good read and gives an eye opening contrary look at the "liberation" of women...

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