Saturday, October 29, 2011

Income and Wealth Inequality in the United States and the 99% Majority Who are Not Rich: Most U.S. Presidential Candidates Do Not Represent The Majority Population


Shaila Dewan has a nice take at the New York Times Politics page on the fact that Most Presidential Candidates Are Not the 99 Percent who make up the "not rich" in America.

As Dewan writes to start off her article:
"Occupy Wall Street protesters have touched a nerve with their slogan, “We are the 99 percent.” It has focused attention on the ground gained by the rich even as a brutal economy has pushed the typical American family backward. Economic inequality may or may not become a central issue in the presidential race, but the candidates have at least one reason to hope it does not.

A look at the finances of those vying for the presidency shows that almost all of them rank at the very top of the country’s earners. In other words, they are the 1 percent."


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