Income disparity

We've heard the dry statistics about income of CEO's compared to their workers, about the growing gap between the 1% and the 99%, so much that it's all beginning to lose it's emotional punch. Yeah, yeah, what's new? It would be bad if we lose this opportunity to really do something about it.

So this blurb out today makes it a bit more personal.

The six heirs of the Walmart founders together have a net worth that is the same as the entire bottom 30% of Americans.

Yes, that is the way of capitalism. The wealthy benefit hugely from a system rigged in their favor. But is that what we want for out country? Is it even fair?

I'm with Elizabeth Warren:

"Nobody got rich in this country on their own. Nobody. You built a factory out there? Good for you. But I want to be clear. You moved your goods to market on roads that the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factories because of police forces and fire forces that the rest of us paid for. . . .

Now look. You build a factory and it turned into something terrific, or a great idea. God bless. Keep a big hunk of it. But part of the underlying social contract is: you take a hunk of that and pay forward for the next kid that comes along."

They call her a socialist. First, that is not socialism. That is building a healthy nation. But what if it is socialism? It couldn't be worse than what we have now.

Ralph