Mind-Blowing Charts From the Senate's Income Inequality Hearing

(Graphic) In another sign that Democrats have embraced income inequality as a cause célèbre, the Senate Budget Committee held a hearing on the subject today. The committee's ranking Republican, Jeff Sessions of Alabama, managed to look concerned during two hours of testimony about the kneecapping of the Middle Class—not that it should have been all that difficult. Here are some of the hearing's most striking charts ... Full Story »

Posted by Fabrice Florin

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Walter Cox
4.0
by Walter Cox - Feb. 13, 2012

More than any other presentation I have seen, these charts tell the story of our present economic reality. Those who are upple-middle-class and above have profited disproportionately as their political influence, and the political influence of multinational corporations, have increased.

Even those who have prospered during recent decades might do well to remember history--whenever economic inequality becomes too drastic, the imbalance causes political instability and everyone loses, even the wealthy.

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