A little reminder about the biggest economic problem in America
by David Atkins
It's easy to get so bogged down in the latest outrageous news of the day that one can forget about the context in which the daily arguments on Capitol Hill play out.
As House Republicans plan on shutting down the government to oppose expanded access to corporate health insurance while demanding cuts to social safety nets, it's important to remember that we're already in an era of record income inequality that the vast majority of Americans can sense somewhat, but still don't realize:
We are living in another gilded age of rampant greed. Conservative talking points that inequality doesn't matter because the economic pie can expand infinitely have been proven to be a joke. We have a moral and economic crisis on our collective hands.
But Republicans are so crazy that all we can talk about is how much to cut from our safety net in order to placate them lest they shut down the government and throw the economy further into tailspin.
It's totally insane.
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