From Pine View Farm

1928 All Over Again Once More 2

Chart showing that concentration of wealth in the hands of the richest is at pre-1929 Crash levels.

Via Zandar.

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2 comments

  1. George Smith

    April 7, 2014 at 6:18 pm

    I see this everywhere now, but only in progressive circles. Unfortunately, it’s totally without meaning elsewhere. I’ve noticed it coincides neatly with the 30-40 year slump that characterizes this country for the majority. You only thought things felt good during the Clinton administration. 
    There’s another nugget hidden in it. Note the slope of the line during the last decade. Ten years of internet, Silicon Valley booming and smartphones have really made life better, eh.

     
  2. Frank

    April 7, 2014 at 10:21 pm

    They have indeed.  They have also provided marvelous distractions.  Kitty vids have been a marvelous misdirection play.

     

    The solution is simple–put marginal tax rates back to what they were 20 years ago (better would 40 years ago, but that ain’t happening–the plutocrats have succeeded too well in convincing the working class that the evul fedrul guvmint is their enemy) (it’s the best misdirection play evuh!).  Any other proposed solution is a bucket of hockey pucks.

     

    Most of the population will be under water–real water–in 20 years anyway.

     

    Afterthought: Americans are notoriously ignorant of history, especially their own, because, frankly, it’s an ugly history–slavery, genocide, expansionism, empire, and exploitation, all glossed over with pretty words and “exceptionalism.”

     

    I’m tired.