The wealth disparity… understood?

Tell your network:

Tell your network:

jpegScott yesterday wrote a piece (The Wealth Disparity Laid Bare) about just how wide the wealth gap has grown across the nation and what that means for Oregon.  It’s worth reading in full, but here’s the short sum-up:

The poor are getting poorer, and it’s disproportionately affecting our children.

The rich are getting richer, and they will only continue to do so if Oregon keeps the lowest business tax rate in the nation and continues giving away huge tax expenditure breaks.

I wanted to add a question for consideration, though. Why? Why has the wealth disparity grown so out-of-control? We can blame it on corporate lobbyists or we can blame it on our lawmakers, but maybe it’s something to do with us. Are we doing all we can do to address it?

The first step is making sure we understand the scope of the problem. I hope you’ve already seen this (nearly 6 million individuals have) but here again is the viral “Wealth Inequality in America” video:

As Ezra Klein sums it up, wealth inequality is “worse than Americans want it to be, much worse than they think it is, and it’s increased over the last few decades.”

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