Robin Hood would not be happy if he happened upon our incredibly top-heavy modern world. But the new campaign to levy a tax on speculative trading would most certainly have him smiling.
All those millions that America's billionaires are pouring into super PACs, where do they come from? We can trace a huge chunk of that political cash to the truly massive tax cuts our richest now enjoy. How massive? Over $25 billion a year -- for our most affluent 400 -- massive enough for you?
All sorts of federal agencies publish income inequality data. But only the nonpartisan Congressional Budget Office directly takes on America's income inequality deniers.
Here's the clip of a conversation we had yesterday on The Alonya Show about the new CBO report, which provides even more data on the explosion of wealth at the very top of the scale, the injustices driving Occupy Wall Street, and where we go from here.
I don't think anyone has ever even tried to make the argument that education and jobs are not in any way linked. But the economic argument for education is not well understood even by those -- politicians especially -- who are most apt to make the connection.
So before we demand that political and civic leaders at all levels turn around our troubled economy by increasing investment in public education, we need to get the framing right. You can't blame the bad economy on education. But you can blame education cuts for a bad economy. (Part III of a series.)
Blame the unions, blame the unemployed, blame loans to the poor, blame the government... As income and wealth increasingly go to a few at the top public anger is directed at the economy's victims. more »
Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
But the economic argument for education is not well understood even by those -- politicians especially -- who are most apt to make the connection. 
