What's the Most Effective Way to Get Americans to Support Clawing Back this Wealth?

Thom plus logo A new study shows that the richest 400 Americans now own more wealth than the bottom 60 percent of us, over 150 million Americans. This is wealth on the order of the European kings of the 18th century, even worse than it was in the 1920s, which led to the Great Crash.

This massive transfer of wealth from working people to the very rich as the result of Reaganism/Neoliberal policies has not only left half of Americans unable to deal with a $400 expense and destroyed upward mobility for our kids, but is producing a whole spectrum of social ills from teen pregnancies to divorce to suicide to drug addiction. We need to undo Reaganism's tax cuts and then impose a wealth tax to claw back some of these ill-gotten gains.

https://wid.world/country/usa/

-Thom

Comments

hughey2000's picture
hughey2000 5 years 17 weeks ago
#1

Aloha Thom,

Amy fell for the Republican Two Santa Clause Theory! Where do the other candidates stand on the debt?

“No, I am not for free four-year college for all” says. She says she wishes she was a “genie” and could make it happen. But “We have a mounting debt,” she says during town hall. Doesn’t want to leave that debt on their shoulders.

https://twitter.com/maevereston/status/1097701877607583745?s=21

Best,

Justin

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