Hillary Clinton brought up a very timely topic at her June 13 campaign kickoff, and with one central theme. One that isn’t limited by political polarity. The one issue that practically all Americans know about, care about, and are concerned about. Clinton focused on income inequality.
The dream of upward mobility that made this country a model for the world feels further and further out of reach, and many Americans understandably feel frustrated – even angry.
This inequality is more prominent of late, too, she said.
Economists have documented how the share of income and wealth going to those at the very top, not just the top 1 percent but the top 0.1 percent, the 0.01 percent of the population, has risen sharply over the last generation.
And she’s damn right on that topic. But income inequality isn’t exactly a new subject. It’s a problem that economists and philosophers have spoken of for centuries, not just in the recent years of visible deterioration of Middle Class America.
It’s also been a topic that most progressive media, including If You Only News, have focused on from time to time. Like these pertinent memes, for example, which one of our writers created in four series, and which I want to share with you below.
The first series began with a comparison of the salaries of CEOs to the regular workers at their companies, along with ominous historic quotes that predicted the woes of income inequality.
Here are a couple from that series, created by If You Only News contributor Rob Groce:
Positive response to that first series led to a second on the subject:
(See other memes from the “Income Inequality: Series 2.”)
A third series on the subject offers comparison of income inequality in recent times:
Of course, U.S. Congress is itself guilty of the same practice.
(See other memes from the Series 3, “Historical Comparison.”)
And whenever tax season comes around, this inequality is made evident through another angle, too.
In fact, it’s even possible to make six figures on the stock market, but still pay less in taxes than someone earning a smaller sum in a regular job. Taxes on earned income have been cut in half for the wealthiest, and Middle Class Americans even pay more than major corporations do.
(See other memes from the Series 4, “Tax Day Edition”)
So Clinton’s June 13 address about how those who have all the money are keeping all the money was, well … right on the money. Let’s hope all other candidates from all other political parties acknowledge this problem, too, and commit to doing something about it.
Featured image by geralt via Pixabay