[news] The Great Wealth Transfer

[Mostly Water - "Canadian" and International alternative news feed]

Rising inequality isn't new. The gap between rich and poor started growing before Ronald Reagan took office, and it continued to widen through the Clinton years. But what is happening under [President George W.] Bush is something entirely unprecedented: For the first time in our history, so much growth is being siphoned off to a small, wealthy minority that most Americans are failing to gain ground even during a time of economic growth -- and they know it.

  


[read more][1]

    [1]: http://mostlywater.org/the_great_wealth_transfer

URL: http://mostlywater.org/the_great_wealth_transfer