The Real Causes of the Growing Inequality

The real causes are the offshoring of US manufacturing jobs, mass immigration of poor people due to open borders, imposition of the doctrine that corporations only have responsibility to share holders, economic concentration and non-enforcement of the Sherman Anti-Trust Act, repeal of the Glass-Steagall Act, years of money printing bailout of the financial system that drove bond and stock prices up, and the financialization of the economy that diverts consumer income into the service of debt.

The cure is to repeal these policies that destroyed the American Dream.
~ Paul Craig Roberts

1 Like