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When do conservatives realize what a problem income disparity is becoming in this country?

Asked by tedd (14078points) December 15th, 2011

It was reported today that 6 members of the Walton family, the original owners of Wal-Mart, have more wealth than the bottom 30% of the US population combined. In other words six people at the top of our income hierarchy have more money than almost 94 million people at the bottom of the list.

At what point do conservatives realize this is a problem? In the 90’s and the 50’s, widely seen as the biggest most productive economic times of our country, the rate of avg CEO income to worker income was in the 1:20 – 1:30 range. Today the conservative estimates put it at 1:114, and some have it as high as 1:300.

If all the money is at the top, no one is spending, no one is buying, no one is fueling the economy. Pure greed is driving our economy into the ground. The rich aren’t even getting as rich as they could be, since ironically if they gave more of the money out to their workers it would just find it’s way back to them from our spending. Even Henry Ford knew that back in the 20’s. That’s why he paid his workers an outlandishly high for the time wage… he wanted them to buy a damn car.

At what point do the conservatives realize that they’re not helping “job creators”, but rather they’re helping the greedy ruin our economy.

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