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The wealthy’s rewards

Posted By admin On October 28, 2011 @ 10:18 am In Guest column,Political & Politicians | Comments Disabled

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The study that shows why Occupy Wall Street struck a nerve ^[2]

^[3]By Eugene Robinson
Opinion writer

The hard-right conservatives who dominate the Republican Party claim to despise the redistribution of wealth, but secretly they love it — as long as the process involves depriving the poor and middle class to benefit the rich, not the other way around.

That is precisely what has been happening, as a jaw-dropping new report by the nonpartisan Congressional Budget Office demonstrates. Three decades of trickle-down economic theory, see-no-evil deregulation and tax-cutting fervor have led to massive redistribution. Another word for what’s been happening might be theft. Read More ^[2]

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[2] The study that shows why Occupy Wall Street struck a nerve: http://www.washingtonpost.com/opinions/the-study-that-shows-why-occupy-wall-street-struck-a-nerve/2011/10/27/gIQA3bsMNM_story.html

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