Thursday, March 29, 2007

Excuse Me While I Puke

George Carlin said, "They call it the American Dream because you have to be asleep to believe it." How right he was.

Income Gap Is Widening, Data Shows

Income inequality grew significantly in 2005, with the top 1 percent of Americans — those with incomes that year of more than $348,000 — receiving their largest share of national income since 1928, analysis of newly released tax data shows.

There was a short period of time durring the mid-20th century when the American Dream meant something, but that was an aberration. Today it is more of a crap shoot, fueled by greed at the top and the lottery mentality of an underclass that has been thoroughly beaten into submission.

Look at this most recent data:

  • Incomes at the top 1% rose on average $139,000 (For comparison, median home price in Cincinnati is $127,805). Meanwhile, incomes for the bottom 90% dropped by $172.
  • The income of the top 300,000 earners equalled that of the bottom 150 million.

The new era of the robber baron is upon us and I know what John Lydon meant when he stared menacingly into the camera and said, "Ever get the feeling you've been cheated?"

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