THIS CHART EXPLAINS WHY YOU CAN’T TRUST DEMOCRATS OR REPUBLICANS WITH THE ECONOMY (IF YOU’RE NOT RICH)

Pew Research’s Conrad Hackett tweeted a disturbing chart by economist Pavlina R Tcherneva—the richest 10 percent of Americans has soaked up an increasingly greater share of average income growth during every US economic expansion since the 1950s. The 2009-2012 period can really piss you off—even if you’re a member of the top 10%. No one can […]

Read More THIS CHART EXPLAINS WHY YOU CAN’T TRUST DEMOCRATS OR REPUBLICANS WITH THE ECONOMY (IF YOU’RE NOT RICH)

AND THE 1 PERCENT CONTINUES TO TALK

Hearing the words “income inequality” spoken by members of the One Percent and their defenders – like economist Greg Mankiw, most recently – reminds me of the Julia Roberts movie Sleeping with the Enemy where the physically-abusive husband, played by Patrick Bergin, just finished smacking Roberts’ character around the house, and then refers to the […]

Read More AND THE 1 PERCENT CONTINUES TO TALK