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A foundation of ignorance.
Jim Broede
Posted: Friday, October 3, 2014 1:24 PM
Joined: 12/22/2011
Posts: 5462

It’s not a good thing. That’s my judgmental opinion. The ever-widening gap between the rich and poor in the United States of America. Almost as bad as when the American economy was based largely on slave labor.  The top 10 percent receive almost half of all the income and own 75 percent of the nation’s wealth. And another interesting statistic. Today's chief executives earn about 300 times as much as the ordinary worker.  I gleaned this information from economist Paul Krugman’s recent column in the New York Times. Krugman concluded that today’s political balance rests on a foundation of ignorance, in which the public has no idea what our society is really like. –Jim