Saturday, November 19, 2011

The New American Story

I think I'd just like to make the point that we tend to think of income inequality in this country as though it were a force of nature that people really don't have any control over. And certainly there are some underlying structural trends - the decline of unions, the increase of globalization and global trade - that are driving inequality to a certain degree.

But on top of that, and pushed by the Republican party, you have a tax policy that is favoring people who are getting more and more wealthy as a result of these structural trends and rewarding them with tax cuts that are allowing them to get richer still. And that is a new story in America and it's not the one that we like to tell ourselves.

-Tim Dickinson on Fresh Air

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