General Discussion

Octafish

(55,745 posts)

13. It's been that way since Nov. 22, 1963, Noam.

Sat Mar 9, 2013, 11:29 AM

Mar 2013

Government of the .01-percent, by the .01-percent and for the .01-percent.

What Krugman said:

Who s Very Important?

EXCERPT...

The first thing you need to know is that America wasn’t always like this. When John F. Kennedy was elected president, the top 0.01 percent was only about a quarter as rich compared with the typical family as it is now — and members of that class paid much higher taxes than they do today. Yet somehow we managed to have a dynamic, innovative economy that was the envy of the world. The superrich may imagine that their wealth makes the world go round, but history says otherwise.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Chomsky: Corporations and the Richest Americans Viscerally Oppose Common Good [View all] xchrom Mar 2013 OP

Opposing the common good Berlum Mar 2013 #1

boy is that ever the perfect graphic. ! BlancheSplanchnik Mar 2013 #2

This graphic needs to go viral on facebook. smirkymonkey Mar 2013 #5

Post To Facebook - Far And Wide cantbeserious Mar 2013 #7

This graphic is perfect and a perspective I try use in the water cooler wars. GoneFishin Mar 2013 #8

Outstanding summary jsr Mar 2013 #9

Nice! And you can add to that "Investing Republican". raouldukelives Mar 2013 #10

k/r marmar Mar 2013 #3

There are a goodly number of them skepticscott Mar 2013 #4

Good mtasselin Mar 2013 #6

Of course they do..... Wounded Bear Mar 2013 #11

They call it "collectivism" or "socialism" gollygee Mar 2013 #12

It's been that way since Nov. 22, 1963, Noam. Octafish Mar 2013 #13

k&r Electric Monk Mar 2013 #14

JFK Battled Wall Street and Big Business Octafish Mar 2013 #15