10 Shocking Economic Facts that Power the Sanders Insurgency

[eridani]

http://www.alternet.org/news-amp-politics/10-shocking-economic-facts-power-sanders-insurgency

1. The rich are getting richer, the rest of us are not.
There always has been a significant gap between the top 1 percent and the rest of America. But that gap was kept under control largely through governmental tax, banking and labor policies.

2. Wall Street/CEO Greed
Most of us haven't had a real raise (after inflation) for more than a decade. Meanwhile we see our CEOs and their Wall Street partners rake in astronomical sums. The data backs up what we see and sense. As this chart shows, the gap between the pay of the top CEOs and the average worker has jumped from 45 to 1 in 1970 to an astounding 829 to one today.

3. The biggest banks are getting bigger.
One of the most outrageous economics facts of life is the engorgement of too-big-to-fail banks. We are told that they now are under control. But nothing could be further from the truth.

[Live and Learn]

1. K&R nt

[sabrina 1]

2. People are waking up to the virtual takeover of this country by the obscenely wealthy and connecting

the dots to their own lack of economic progress no matter how hard they work.

It is a perfect time for a candidate like Bernie.

[Oldtimeralso]

3. K&R

This article is a must read for ALL democrats!