Our Broken Economy, in One Simple Chart

That's the title of a New York Times article, and it's hard to disagree with.

In the 1980, low and middle class saw the largest income growth. These days, they see almost no income growth, but the super-rich see tremendous income growth, both in absolute and relative terms.

It's not sustainable and it's not fair.

The bigger question is, if this is a democracy, why does the majority stand for it?

The answer, of course, is that the US is not a democracy. It's legal corruption. Those with money can buy their way in politics. That's an indisputable fact, and until that gets fixed, nothing else in politics matters.

(Via Political Wire.)


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